22.037 – LEGAL INVESTMENTS. (a) Bonds issued under this
Texas Parks and Wildlife Code § 22.037
Summary
This law designates bonds issued under this subchapter as legal investments for various financial institutions and public entities in Texas. It allows banks, insurance companies, and governmental bodies to invest in these bonds, enhancing their investment options and securing public funds.
Bonds are legal investments for banks and financial institutions.
Applicable to public entities like cities and school districts.
Bonds can secure public funds deposits in Texas.
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In simple terms: Learn about Texas's LEGAL INVESTMENTS. (a) Bonds issued under this 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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