Texas Local Government Code 326.067 – Investments
Current as of: 2024 | Check for updates
|
Other versions
(a) Tax revenue of the district may be invested in an obligation that is an authorized investment for the state.
(b) District money other than tax revenue may be invested in accordance with policies adopted by the board.
Terms Used In Texas Local Government Code 326.067
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.