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Current as of January 01, 2024 | Updated by Findlaw Staff
The board or commissioners court of jurisdiction may invest the district's sinking funds in county, municipal, district, or other bonds in which other sinking funds may by law be invested and also may invest the sinking funds in bonds of the series to which the funds apply if the bonds are offered for redemption before maturity on terms considered advantageous to the district.
Cite this article: FindLaw.com - Texas Water Code - WATER § 57.215. Investment of Sinking Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/water-code/water-sect-57-215/
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