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Tex. Health and Safety Code § 286.150

BONDS AS SECURITY FOR DEPOSITS

Texas · Texas Health and Safety Code · Status: effective

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Tex. Health and Safety Code § 286.150, BONDS AS SECURITY FOR DEPOSITS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/670653
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District bonds are eligible to secure deposits of public funds of the state and of municipalities, counties, school districts, and other political subdivisions of the state. The bonds are lawful and sufficient security for deposits to the extent of their value if accompanied by all unmatured coupons.