yourstate.us
Home / Texas / Water Code
Tex. Water Code § 49.157

INVESTMENTS

Texas · Texas Water Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Water Code § 49.157, INVESTMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/580646
Permanent ID
ys:prov:580646@1
SHA-256
9b121dbc4c1fb7992f73b9343cc0bd7947ba7420f6093eb8de5932f1c639cf16

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) All district deposits and investments shall be governed by Subchapter A, Chapter 2256, Government Code (Public Funds Investment Act). (b) The board may provide that an authorized representative of the district may invest and reinvest the funds of the district and provide for money to be withdrawn from the appropriate accounts of the district for the investments on such terms as the board considers advisable.