Texas Statutes
§ 8845.153 — INVESTMENT OF DISTRICT MONEY.
Texas § 8845.153
JurisdictionTexas
Code SDSpecial District Local Laws Code
This text of Texas § 8845.153 (INVESTMENT OF DISTRICT MONEY.) 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. § 8845.153 (2026).
Text
Sec. 8845.153. INVESTMENT OF DISTRICT MONEY.
(a)District money may be invested by the board or its authorized representative in direct or indirect obligations of the United States, the state, or any political subdivision of the state.
(b)District money may be placed in certificates of deposit of state or national banks or savings and loan associations in this state, if that money is secured in the manner provided for the security of county funds.
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Legislative History
Added by Acts 2011, 82nd Leg., R.S., Ch. 70 (S.B. 1147 ), Sec. 1.03, eff. April 1, 2013.
Nearby Sections
15
§ 8845.001
DEFINITIONS.§ 8845.002
NATURE AND PURPOSE OF DISTRICT.§ 8845.003
LEGISLATIVE FINDINGS.§ 8845.004
DISTRICT TERRITORY.§ 8845.005
DISTRICT NAME CHANGE.§ 8845.051
COMPOSITION OF BOARD; TERMS.§ 8845.052
ELECTION OF DIRECTORS.§ 8845.053
ELECTION DATE.§ 8845.055
BOARD VACANCY.§ 8845.057
VOTE REQUIRED FOR OFFICIAL BOARD ACTION.§ 8845.058
OFFICERS.§ 8845.059
GENERAL MANAGER.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 8845.153, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/SD/8845.153.