Search results Help | Status

SB 441, 55th R.S.

Relating to amending certain Statutes to authorize school districts to place the proceeds from sale of school district bonds on interest bearing secured time deposits with a state or national banking corporation within this state, as well as to invest such proceeds in bonds or other obligations of the United States of America, until needed for purposes for which school district bonds were originally authorized.

Author: Ottis E. Lock

Session Law Chapter:
Acts 1957, 55th R.S.,ch. 237, General and Special Laws of Texas

Subjects:
BONDS
Education--Primary & Secondary--Finance
Education--School Districts
Financial--General

The Legislative Archive System is a work in progress. Complete information is not available for all bills and all sessions. Visit the Legislative Archive System status page for details. Please contact the Legislative Reference Library at 512-463-1252 if you have any questions. Information on this website is provided as a public service by the Legislative Reference Library. The Legislative Reference Library makes no representation as to its completeness or accuracy and makes no warranty in regard to its use. Users assume all risk of reliance on the information included on this site.