Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided July 26, 1988Published

1Opinion of the Court

Honorable O.H. "Ike" Harris Chairman Economic Development Committee Texas State Senate P.O. Box 12068 Austin, Texas 78711

Re: Whether "local governments," as defined in the Interlocal Cooperation Act, article 4413(32c), V.T.C.S., may pool their funds for purposes of an authorized investment (RQ-1360)

Dear Senator Harris:

You ask whether the Interlocal Cooperation Act, article 4413(32c), V.T.C.S., authorizes local governments as defined in the act to pool and jointly invest their public funds in investments authorized by other law and to create an agency to administer the investments. You state…

2Cases cited9 opinions

  1. Canales v. LaughlinTexas Supreme Court · 1948
  2. Clear Lake City Water Authority v. Clear Lake Utilities Co.Texas Supreme Court · 1977
  3. Rains v. SimpsonTexas Supreme Court · 1878
  4. Moody v. Texas Water CommissionCourt of Appeals of Texas · 1963
  5. Lipsey v. Texas Department of HealthCourt of Appeals of Texas · 1987

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