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2025 Texas Statutes
Natural Resources Code
Title 2 - Public Domain
Subtitle E - Beaches and Dunes
Chapter 62 - Beach Park Board of Trustees
Subchapter E. Issuance of Bonds
Section 62.136. Security for Deposits
Universal Citation:
TX Nat Res Code § 62.136 (2025)
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Sec. 62.136. SECURITY FOR DEPOSITS. The bonds are eligible to secure the deposit of public funds of the state and public funds of cities, towns, villages, or other political corporations or subdivisions of the state and are lawful and sufficient security for deposits to the extent of their face value when accompanied by all unmatured interest coupons appurtenant to them.
Acts 1977, 65th Leg., p. 2498, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.
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