Legal Investments

Tex. Health and Safety Code § 284.007, under Special Provisions Relating To Hospital District Bonds.

Tex. Health and Safety Code § 284.007

Sec. 284.007. LEGAL INVESTMENTS. The bonds are legal and authorized investments for: (1) a bank; (2) a trust company; (3) a savings and loan association; (4) an insurance company; (5) a small business investment corporation; (6) a fiduciary; (7) a trustee; (8) a guardian; or (9) an interest or sinking fund or other public funds of the state or a municipality, county, school district, or other political subdivision of the state. Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.