Texas Statutes
§ 1002.305 — INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS.
Texas § 1002.305
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1002.305 (INVESTMENT OF GENERAL OBLIGATION 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. Special District Local Laws Code Code Ann. § 1002.305 (2026).
Text
Sec. 1002.305. INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS. Any part of the proceeds of general obligation bonds, until they are needed for the purpose for which the bonds were issued, may be invested in securities of the United States or placed on time deposit or in certificates of deposit.
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Legislative History
Acts 2003, 78th Leg., ch. 1277, Sec. 1, eff. April 1, 2005.
Nearby Sections
15
§ 1002.001
DEFINITIONS.§ 1002.002
AUTHORITY FOR CREATION.§ 1002.003
POLITICAL SUBDIVISION.§ 1002.004
DISTRICT TERRITORY.§ 1002.005
CORRECTION OF INVALID PROCEDURES.§ 1002.051
BOARD OF DIRECTORS; ELECTION.§ 1002.052
BOND; RECORD OF BOND AND OATH OF OFFICE.§ 1002.053
BOARD VACANCY.§ 1002.054
OFFICERS.§ 1002.055
COMPENSATION; REIMBURSEMENT.§ 1002.056
VOTING REQUIREMENT.§ 1002.057
RECRUITMENT OF STAFF AND EMPLOYEES.§ 1002.058
OFFICE FACILITIES.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1002.305, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1002.305.