Tex. Health & Safety Code § 301.011
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
A hospital laundry cooperative association's bonds may secure the deposits of public funds of the state or a municipality, county, school district, or other political subdivision or corporation of the state. The bonds are lawful and sufficient security for those deposits in an amount up to their face value, if accompanied by all appurtenant unmatured coupons.
Tex. Health and Safety Code § 301.011