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Texas Transportation Code

§ 452.360 — BONDS AS AUTHORIZED INVESTMENTS

TN § 452.360Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 452. REGIONAL TRANSPORTATION AUTHORITIES · Art. H. BONDS

Statute text

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(a)An authority's bonds are authorized investments for:
(1)a bank;
(2)a savings bank;
(3)a trust company;
(4)a savings and loan association; and
(5)an insurance company.

Legislative history

Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.