Texas Water Code 49.157 – Investments
Current as of: 2024 | Check for updates
|
Other versions
(a) All district deposits and investments shall be governed by Subchapter A, Chapter 2256, Government Code (Public Funds Investment Act).
(b) The board may provide that an authorized representative of the district may invest and reinvest the funds of the district and provide for money to be withdrawn from the appropriate accounts of the district for the investments on such terms as the board considers advisable.
Terms Used In Texas Water Code 49.157
- Board: means the governing body of a district. See Texas Water Code 49.001
- District: means any district or authority created by authority of either Sections Texas Water Code 49.001