Tex. Water Code § 57.215
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
The board or commissioners court of jurisdiction may invest the district's sinking funds in county, municipal, district, or other bonds in which other sinking funds may by law be invested and also may 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 considered advantageous to the district.
Tex. Water Code § 57.215