Texas Statutes
§ 22.037 — LEGAL INVESTMENTS.
Texas § 22.037
JurisdictionTexas
Code PWParks and Wildlife Code
This text of Texas § 22.037 (LEGAL 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. Parks and Wildlife Code Code Ann. § 22.037 (2026).
Text
Sec. 22.037. LEGAL INVESTMENTS.
(a)Bonds issued under this subchapter are legal and authorized investments for banks, savings banks, trust companies, building and loan associations, savings and loan associations, insurance companies, fiduciaries, trustees, and guardians, and for the sinking funds of cities, towns, villages, counties, school districts, and other political corporations and subdivisions of the state.
(b)The bonds are eligible to secure the deposit of the public funds of the state, cities, towns, villages, counties, school districts, and other political corporations and subdivisions of the state.
(c)The bonds are lawful and sufficient security for deposits to the extent of their value when accompanied by all unmatured coupons.
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Legislative History
Acts 1975, 64th Leg., p. 1405, ch. 545, Sec. 1, eff. Sept. 1, 1975.
Nearby Sections
15
§ 22.021
JURISDICTION.§ 22.022
POWERS OF DEPARTMENT.§ 22.023
DISPOSITION OF INCOME.§ 22.024
ISSUANCE OF BONDS.§ 22.025
INTEREST ON BONDS.§ 22.026
MATURITY OF BONDS.§ 22.027
REDEMPTION BEFORE MATURITY.§ 22.028
SALE OF BONDS.§ 22.029
PLEDGE OF INCOME.§ 22.030
RIGHT TO ISSUE ADDITIONAL BONDS.§ 22.031
ADDITIONAL SECURITY FOR BONDS.§ 22.032
FORM OF BONDS.§ 22.033
REFUNDING OF BONDS.§ 22.034
EMPLOYMENT OF PERSONNEL.§ 22.035
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Bluebook (online)
Texas § 22.037, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/PW/22.037.