Sec. 424.104. AUTHORIZED INVESTMENTS FOR SHORT-TERM INVESTMENT POOL. A short-term investment pool may contain only:
(1) obligations described by Section 424.105;
(2) money market funds described by Section 424.106; or
(3) repurchase, reverse repurchase, and securities lending transactions that meet the requirements of Subchapter D.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 1, eff. April 1, 2007.
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