Tex. Water Code § 53.187
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
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.
Tex. Water Code § 53.187