Texas Statutes
§ 228.116 — VALUATION OF BONDS SECURING DEPOSIT OF PUBLIC FUNDS.
Texas § 228.116
JurisdictionTexas
Code TNTransportation Code
This text of Texas § 228.116 (VALUATION OF BONDS SECURING DEPOSIT OF PUBLIC FUNDS.) 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. Transportation Code Code Ann. § 228.116 (2026).
Text
Sec. 228.116. VALUATION OF BONDS SECURING DEPOSIT OF PUBLIC FUNDS. Bonds of the commission may secure the deposit of public funds of the state or a political subdivision of the state to the extent of the lesser of the face value of the bonds or their market value.
Transferred from Transportation Code, Section 361.188 and amended by Acts 2005, 79th Leg., Ch. 281 (H.B. 2702 ), Sec. 2.42, eff. June 14, 2005.
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Legislative History
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 312, Sec. 38, eff. June 18, 2003; Acts 2003, 78th Leg., ch. 1325, Sec. 15.36, eff. June 21, 2003.
Nearby Sections
15
§ 228.001
DEFINITIONS.§ 228.002
AGREEMENTS WITH PUBLIC ENTITIES.§ 228.0031
AGREEMENTS WITH LOCAL GOVERNMENTS.§ 228.004
PROMOTION OF TOLL PROJECT.§ 228.005
REVENUE OF TOLL PROJECT OR SYSTEM.§ 228.006
USE OF SURPLUS REVENUE.§ 228.007
TOLL LANES.§ 228.008
TOLLS ON EXCLUSIVE LANE.§ 228.009
AUDIT.§ 228.010
ESTABLISHMENT OF TOLL SYSTEMS.§ 228.011
TOLL PROJECTS IN CERTAIN COUNTIES.§ 228.012
PROJECT SUBACCOUNTS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 228.116, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/TN/228.116.