Texas Statutes

§ 17.880 — SALE OF SECURITIES.

Texas § 17.880
JurisdictionTexas
Code WAWater Code

This text of Texas § 17.880 (SALE OF SECURITIES.) 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. Water Code Code Ann. § 17.880 (2026).

Text

Sec. 17.880. SALE OF SECURITIES.

(a)Loans, bonds of political subdivisions, and other obligations owned by the state and deposited in the fund or in the interest and sinking fund are considered to be securities under this subchapter.
(b)The board may sell securities owned in the interest and sinking fund or in any account in the fund at the governing market price.

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Legislative History

Added by Acts 1989, 71st Leg., ch. 1103, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 2003, 78th Leg., ch. 200, Sec. 19(g), eff. Sept. 1, 2003; Acts 2003, 78th Leg., ch. 352, Sec. 7, eff. Sept. 1, 2003.

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Texas § 17.880, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/17.880.