Tex. Health and Safety Code § 284.008
SECURITY FOR DEPOSITS
Texas · Texas Health and Safety Code · Status: effective
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- Citation
- Tex. Health and Safety Code § 284.008, SECURITY FOR DEPOSITS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670498
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Full text
The bonds are eligible to secure deposits of public funds of the state or of a municipality, county, school district, or other political subdivision of the state. The bonds are lawful and sufficient security for deposits to the extent of their market value if accompanied by all appurtenant unmatured coupons, if any.