Tex. Gov't Code § 489.303
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
In administering the micro-business disaster recovery fund, the bank has the powers necessary to carry out the purposes of this subchapter, including the power to invest money at the bank's discretion in obligations determined proper by the bank.
Tex. Gov't. Code § 489.303