Texas Statutes
§ 1111.206 — INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS.
Texas § 1111.206
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 1111.206 (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. § 1111.206 (2026).
Text
Sec. 1111.206. INVESTMENT OF GENERAL OBLIGATION BOND PROCEEDS. Until general obligation bond proceeds are needed to carry out the bond purpose, the proceeds may be:
(1)invested in direct obligations of the United States; or
(2)placed on time deposit.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147 ), Sec. 1.01, eff. April 1, 2013.
Nearby Sections
15
§ 1111.001
DEFINITIONS.§ 1111.002
AUTHORITY FOR CREATION.§ 1111.003
POLITICAL SUBDIVISION.§ 1111.004
DISTRICT TERRITORY.§ 1111.005
CORRECTION OF INVALID PROCEDURES.§ 1111.051
BOARD ELECTION; TERM.§ 1111.052
NOTICE OF ELECTION.§ 1111.053
REQUEST TO APPEAR ON BALLOT.§ 1111.054
QUALIFICATIONS FOR OFFICE.§ 1111.055
BOND; RECORD OF BOND AND OATH.§ 1111.056
OFFICERS.§ 1111.057
OFFICE; MEETINGS.§ 1111.058
RECORDS OF PROCEEDINGS.§ 1111.059
DISTRICT ADMINISTRATOR.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 1111.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/1111.206.