Tex. Gov't Code § 2306.496
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Department bonds are eligible and lawful security for a deposit of public funds of the state or a public agency to the extent of the greater of the bonds' par or market value when accompanied by appurtenant unmatured interest coupons.
Tex. Gov't. Code § 2306.496