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1999-003-CHAPTER 2256 OF THE TEXAS GOVERNMENT CODE, PUBLIC FUND INVESTMENT ACT
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1999-003-CHAPTER 2256 OF THE TEXAS GOVERNMENT CODE, PUBLIC FUND INVESTMENT ACT
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8/18/2006 4:30:27 PM
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CITY CLERK
Doc Name
1999
Doc Type
Resolution
CITY CLERK - Date
1/11/1999
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<br />- <br /> <br />Former Amended <br />Section Section <br />2256.001 ...................... 2256.001 <br />2256.002 ......................2256.002 <br />2256.003 ...................... 2256.003 <br />2256.004 ......................2256.005 <br />2256.005..............:.......2256.006 <br />2256.006 ...................... 2256.009 <br />2256.007 ......................2256.010 <br />2256.008 ......................2256.011 <br />2256.009 ...................:..2256.012 <br />2256.010 ...................... 2256.013 <br />2256.011 ......................2256.014 <br />. 2256.012 ...................... 2256.020 <br />2256.D13 ......................2256.016 <br />2256.014...................... 2256.018 <br /> <br />. <br /> <br />GOVERNMENT CODE <br />Title 10 <br />Former Amended <br />Section Section <br />2256.015 ......................2256.024 <br />2256.016 ......................2256.004 <br />2256.051 ..........:........... 2256.002 <br />2256.052 ...................... 2256.005 <br />2256.053 '" ....................2256.006 <br />2256.054 ............... . . . . . . . 2256.005 <br />2256.055 ......................2256.005 <br />2256.056 ..................:...2256.016 <br />2256.057 ............... . . . . . . . 2256.023 <br />2256.058 .................. . . . . 2256.052 <br />2256.059 .................. . . . . 2256.024 <br /> <br />2256.101 .......................... _ <br />2256.102 ......................2256.053 <br />2256.103 ...................... 2256.054 <br />2256.104 ................ . . . . . . 2256.055 <br /> <br />Historical and Statutory Notes <br /> <br />Former 9 2256.101. which rdated to autho- Ac-.s 1995. 74th Le!!.. ch. 76. !i 5.45ie). to <br />rized investments. .....as de:ived from: conform to Acts 1993:73rd Leg.. ch. 946. 9 1. <br />added 9 2256.0141. That provision did not <br />take effect pursuant to Acts 1995. 74th Leg.. ch. <br />402. 9 6. which provides that cll. 402 cono-ols <br />over ch. 76 to the extent of a.')y COnfliCI. <br /> <br />Acts 1967. 60th Leg.. p. 915. ch. 401. <br />Vernon's Ann.Ci\'.SL an. 6252-5... 9 I. <br />ActS 1993. i3rd Leg.. ch. 268. 9 1. <br /> <br />Cross References <br /> <br />Water districts. ge:>eral fiscal provisions and investme:>t regulations. see V.T.C_.\.. Water Code <br />9 49.157. <br /> <br />Library References <br /> <br />In\'estl"nent of funds. see Brooks. 35 Texas <br />Practice 9 14.6. <br /> <br />; <br /> <br />SUBCHAPTER J\. AUTHORIZED INVESTMENTS <br />FOR GOVER.II.lMENTAL ENTITIES <br /> <br />g 2256.001. Short Title <br /> <br />This chapter may be cited as the Public Funds Investment J\CL <br /> <br />Amended by Acts 1995. .74th Leg.. ch. 402. 9 1. eff. SCpL 1.1995. <br /> <br />Historical and Statutory Notes <br /> <br />\ <br /> <br />, <br /> <br />Sections 6, 9. and 11 of the 1995 amendatorY <br />act provide: . <br /> <br />"Sec. 6. As provided by Section 1.02. Senate <br />Bill No. 959. ActS of the 74th Legislature. Regu. <br />lar Session. 1995. this Act controlS OVer Senate <br />Bill No. 959 to the cxtent of any conlliCL" <br /> <br />"Sec. 9. The state auditor shall conduct. or <br />shall hire an independent evaluator to conduct. <br />an :lSsessment of the risks and benefits .associat. <br />.d with authorizing entities subject to this chap- <br /> <br />ter to invest in mutual funds otner than mone" <br />market mutual funds. investment. pools other <br />than investment pools. that function as money <br />market mutual funds. and euaranteed. invest. <br />ment contractS. The state ai'1ditor shall repon <br />these findings to the legislature not later than <br />September I. 1996. This section e:tpires on <br />September 2. 1996:' <br /> <br />"Sec. 11. An .entit\' that acouired authorized <br />invesunent securities 'under Ch'apter 2256. Gov- <br />ernment Code;.'beiorc Ule effective date of this <br /> <br />, <br /> <br />. --J.. <br />
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