yourstate.us
Home / Texas / Health and Safety Code
Tex. Health and Safety Code § 265.051

INVESTMENT OF FUNDS

Texas · Texas Health and Safety Code · Status: effective

Banking, Finance & Insurance
Get this as JSONEmbed this
Cite this
Citation
Tex. Health and Safety Code § 265.051, INVESTMENT OF FUNDS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670291
Permanent ID
ys:prov:670291@1
SHA-256
5d7ca6c7817ba7a50c0b999ed77bdc724d03d3d01cb987babbaa46acea2bc324

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) The law relating to security for and investment of municipal or county funds applies to hospital board funds. A bond resolution or trust indenture executed for hospital board bonds may further restrict the security for and investment of hospital board funds. (b) The hospital board may invest, until needed, all or part of its bond proceeds in direct obligations of the United States to the extent authorized in the bond resolution or trust indenture.