Legal Investments

Tex. Health and Safety Code § 264.050, under Chapter 264.

Tex. Health and Safety Code § 264.050

Sec. 264.050. LEGAL INVESTMENTS. Bonds of the authority are legal and authorized investments for: (1) a bank; (2) a savings bank; (3) a trust company; (4) a savings and loan association; (5) an insurance company; or (6) the sinking fund of a political corporation or subdivision of the state, including a municipality, county, or school district. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.