Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2306.172 - Acquisition and Use of Money; Depositories
The department may:
(1) acquire, hold, invest, deposit, use, and spend its income and money from every source; and(2) select its depository or depositories, subject only to the provisions of:(A) this chapter; and(B) a covenant relating to the department's bonds issued by the housing finance division.
Tex. Gov't. Code § 2306.172
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.