Sec. 313.023. MINIMUM AMOUNTS OF QUALIFIED INVESTMENT. [Expires December 31, 2022]
For each category of school district established by Section 313.022, the minimum amount of a qualified investment under Section 313.021(2)(A)(iv)(a) is as follows:
CATEGORY | MINIMUM QUALIFIED INVESTMENT |
I | $100 million |
II | $80 million |
III | $60 million |
IV | $40 million |
V | $20 million |
Added by Acts 2001, 77th Leg., ch. 1505, Sec. 1, eff. Jan. 1, 2002.