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SB 561, 43rd Regular Session
Relating to declaring that all bonds, debentures, notes, collateral trust certificates, and other evidences of indebtedness, which have been, or which may be, issued by the Federal Home Loan Bank Board, or by any Federal Land Bank or any other entity, corporation or agency now created, or hereafter to be created, by any Act or Acts of the Congress of the United States in connection with legislation for the relief of owners of mortgaged or encumbered homes, farms, ranches and other real estate, shall be lawful investments for all fiduciary and trust funds, and may be accepted as security for all public deposits where deposits of bonds or mortgages are authorized by law to be accepted.
Author: Walter Calisto Woodward
Session Law Chapter:
Acts 1933, 43rd R.S.,ch. 160, General Laws of Texas
Property Interests--Mortgages & Liens
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