Texas Statutes

§ 53.187 — INVESTMENT OF SINKING FUND.

Texas § 53.187
JurisdictionTexas
Code WAWater Code

This text of Texas § 53.187 (INVESTMENT OF SINKING FUND.) 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. § 53.187 (2026).

Text

Sec. 53.187. INVESTMENT OF SINKING FUND. The board may invest the district's sinking funds in county, municipal, district, or other bonds in which other sinking funds may by law be invested. The board may also invest the sinking funds in bonds of the series to which the funds apply, if the bonds are offered for redemption before maturity on terms the board deems advantageous to the district.

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Legislative History

Acts 1971, 62nd Leg., p. 418, ch. 58, Sec. 1, eff. Aug. 30, 1971.

Nearby Sections

15
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Bluebook (online)
Texas § 53.187, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/WA/53.187.