Transportation Code § 451.360
Certain financial institutions may treat an authority’s bonds as authorized investments, and the bonds may also be used to secure public deposits if they include unmatured coupons and are valued at the lesser of face value or market value.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Language
- en
- Official source
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banking bonds insurance
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Transportation Code § 451.360
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