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Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided July 31, 1990Published

1Opinion of the Court

Honorable Garry Mauro Commissioner General Land Office Stephen F. Austin Bldg. 1700 N. Congress Ave. Austin, Texas 78701

Re: Authority of the Veterans' Land Board to make certain investments (RQ-1833)

Dear Mr. Mauro:

Your letter asks:

Can the Veterans Land Board, under the authority granted by TEX. CONST. Article III, §§ 49-b and 49-b-1, invest moneys of the Veterans Land and Housing Funds not immediately committed to paying principal and interest on the bonds or to other specified purposes, in the following investments, or otherwise enter into the following transactions, authorized by…

2Cases cited14 opinions

  1. Smith v. DavisSupreme Court of the United States · 1944
  2. Rockford Life Insurance v. Illinois Department of RevenueSupreme Court of the United States · 1987
  3. Lyle v. StateCourt of Criminal Appeals of Texas · 1917
  4. Andras v. Department of RevenueAppellate Court of Illinois · 1987
  5. Capital Preservation Fund, Inc. v. Department of RevenueCourt of Appeals of Wisconsin · 1988

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