Texas Statutes
§ 49.157 — INVESTMENTS.
Texas § 49.157
JurisdictionTexas
Code WAWater Code
This text of Texas § 49.157 (INVESTMENTS.) 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. § 49.157 (2026).
Text
Sec. 49.157. INVESTMENTS.
(a)All district deposits and investments shall be governed by Subchapter A , Chapter 2256 , Government Code (Public Funds Investment Act).
(b)The board may provide that an authorized representative of the district may invest and reinvest the funds of the district and provide for money to be withdrawn from the appropriate accounts of the district for the investments on such terms as the board considers advisable.
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Legislative History
Added by Acts 1995, 74th Leg., ch. 715, Sec. 2, eff. Sept. 1, 1995.
Nearby Sections
15
§ 49.001
DEFINITIONS.§ 49.002
APPLICABILITY.§ 49.003
PENALTY.§ 49.010
ORDER OR ACT CREATING DISTRICT.§ 49.051
BOARD OF DIRECTORS.§ 49.052
DISQUALIFICATION OF DIRECTORS.§ 49.053
QUORUM.§ 49.054
OFFICERS.§ 49.056
GENERAL MANAGER.§ 49.057
MANAGEMENT OF DISTRICT.§ 49.058
CONFLICTS OF INTEREST.§ 49.059
TAX ASSESSOR AND COLLECTOR.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 49.157, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/49.157.