Texas Statutes
§ 45.162 — INVESTMENT OF BOND PROCEEDS.
Texas § 45.162
JurisdictionTexas
Code EDEducation Code
This text of Texas § 45.162 (INVESTMENT OF BOND PROCEEDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Education Code Code Ann. § 45.162 (2026).
Text
Sec. 45.162. INVESTMENT OF BOND PROCEEDS. In addition to other powers, an authority may invest the proceeds of its bonds, until that money is needed, in the direct obligations of or obligations unconditionally guaranteed by the United States, to the extent authorized in the bond resolution or trust indenture or in both.
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Legislative History
Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Nearby Sections
15
§ 45.001
BONDS AND BOND TAXES.§ 45.002
MAINTENANCE TAXES.§ 45.0021
RESTRICTION ON MAINTENANCE TAX LEVY.§ 45.003
BOND AND TAX ELECTIONS.§ 45.004
REFUNDING BONDS.§ 45.032
REVENUE BONDS.§ 45.033
RENTALS, RATES, AND CHARGES.§ 45.034
PLEDGE OF REVENUES.§ 45.035
REFUNDING BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 45.162, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/ED/45.162.