yourstate.us
Home / Texas / Education Code
Tex. Education Code § 53A.41

AUTHORIZED INVESTMENTS

Texas · Texas Education Code · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Tex. Education Code § 53A.41, AUTHORIZED INVESTMENTS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/637017
Permanent ID
ys:prov:637017@1
SHA-256
b2b2146918744414cca030030c3137c39988bd5639f3b79a41882592891da7ea

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

All bonds issued under this chapter are legal and authorized investments for all banks, savings banks, trust companies, building and loan associations, savings and loan associations, and insurance companies of all kinds and types, and for the interest and sinking funds and other public funds of any issuer. The bonds are also eligible and lawful security for all deposits of public funds of the State of Texas and of any issuer, to the extent of the value of the bonds, when accompanied by any unmatured interest coupons appurtenant to them.