Texas Statutes
§ 223.037 — BONDS AS INVESTMENTS.
Texas § 223.037
JurisdictionTexas
Code HSHealth and Safety Code
This text of Texas § 223.037 (BONDS AS INVESTMENTS.) 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. Health and Safety Code Code Ann. § 223.037 (2026).
Text
Sec. 223.037. BONDS AS INVESTMENTS.
(a)Unless the bonds issued under this chapter are ineligible for investments in accordance with the criteria established in other statutes, rulings, or regulations of this state or the United States, the bonds are legal and authorized investments for:
(1)a bank;
(2)a savings bank;
(3)a trust company;
(4)a savings and loan association;
(5)an insurance company;
(6)a fiduciary;
(7)a trustee or guardian; and
(8)a sinking fund of a municipality, county, school district, or other political corporation or subdivision of this state.
(b)The bonds may secure the deposits of public funds of this state or a municipality, county, school district, or other political corporation or subdivision of this state. The bonds are lawful and sufficient security for th
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Legislative History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989.
Nearby Sections
15
§ 223.001
SHORT TITLE.§ 223.002
DEFINITIONS.§ 223.003
HOSPITAL PROJECT COSTS.§ 223.011
PROVIDING HOSPITAL PROJECTS.§ 223.012
TITLE TO PROJECTS.§ 223.014
AUTHORITY OF ISSUER.§ 223.015
OBLIGATIONS LIMITED.§ 223.016
EMINENT DOMAIN.§ 223.021
ISSUANCE OF HOSPITAL PROJECT BONDS.§ 223.022
ELECTION ON BONDS.§ 223.023
ELECTION RESULTS.§ 223.024
PROTEST NOT FILED.§ 223.025
LIMITATIONS ON BONDS.§ 223.026
FORM AND TERM OF BONDS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 223.037, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/223.037.