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Tex. Transportation Code § 228.116

VALUATION OF BONDS SECURING DEPOSIT OF PUBLIC FUNDS

Texas · Texas Transportation Code · Status: effective

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Tex. Transportation Code § 228.116, VALUATION OF BONDS SECURING DEPOSIT OF PUBLIC FUNDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/569189
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Bonds of the commission may secure the deposit of public funds of the state or a political subdivision of the state to the extent of the lesser of the face value of the bonds or their market value.