Sec. 392.057. INVESTMENT OF FUNDS. An authority may invest any funds held in reserves or sinking funds or any funds not required for immediate disbursement in property or securities in which a savings bank may legally invest funds subject to its control. Acts 1987, 70th Leg., ch. 149, Sec. 1, eff. Sept. 1, 1987.
Investment of Funds
Tex. Local Government Code § 392.057, under Housing Authorities Established By Municipalities and Counties.
Tex. Local Government Code § 392.057