21.110 – INVESTMENT OF FUNDS. (a) The department may
Texas Parks and Wildlife Code § 21.110
Summary
This law allows the department to invest specific funds, including the development fund and the interest and sinking fund, under certain regulations. It primarily affects the management of these funds by ensuring they are invested in secure U.S. government obligations.
Department can invest development and sinking funds.
Investments must comply with Chapter 401 regulations.
Funds can only be invested in U.S. government obligations.
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In simple terms: Learn about Texas's INVESTMENT OF FUNDS. (a) The department may law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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