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<br />'GENERAL GOVERNMENT
<br />:Ch, 2256
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<br />, "(g) To maintam eligibility to receive funds from and invest funds on
<br />'\' behalfofan entity listed in Subsection (a) of this section, a public funds."
<br />investment pool. 'must furnish to the chief financial 'officer or other
<br />" authorized representative of the entity: ',' .
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<br />.' "(1) investment transaction confirmations; and
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<br />, . " "(2) a monthly report that contains, at, a minimum,. the following "
<br />infor;na~ion:
<br />)..)/\, -,'" .' ";1:, I', ;, ..:.. ' f. . I _,' :, :.... ,"
<br />II {.':(A) the types and percentage breakdown of securities in:which,the, , :
<br />'1IPpol,is invested; , .' , " , ,', ,:, . ,i", 'f,
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<br />/i0 ,'/'(B). the current average ddllar-weigh'tedmaturity, based on the stated," " '
<br />maturity date, of the pool;
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<br />"(C) the current percentage of the pool's portfolio in investments that
<br />have stated maturities of greater than one year;
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<br />"(D) the carrying value versus themarlcet value of the pool's portfolio,
<br />using amortized cost valuation;' . .,
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<br />"(E) the size of the pool; ,
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<br />, "(F) the number of participants in the pool;..
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<br />"(G) the custodian bank that is safekeeping the assets of the: pool;
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<br />iv::, "(H)' a listing of daily transaction activity 'ofthe entity participating:,
<br />in the pool; , " ' ',':"..'
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<br />',' ''''':':"1''(1) thi/yield and expense 'ratio of'the poOl;' , " t
<br />'. (II) \i,:""-I'-" . ",I " . '"",,.. ,; ',,'1 ",-(I
<br />" :'(jj the portfolio managers of the pool; an,d'
<br />"(K) any changes or add~nda 'lathe offering circular,"
<br />~ 2256.001. Short Title
<br />, This subchapter may be cited as the Public Funds Investment Act.,'
<br />"(r::' :"',1, I " " .
<br />Add~d by Acts 1993, 73rd Leg., ch.268, 9 1, efE. Sept. I, 1993.
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<br />~ 2256.002
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<br />, Historical and Statutory Notes
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<br />. i Prior Laws:
<br />Acts 1987, 70th Leg., ch. 889.
<br />Vernon's Ann.Civ.SI. art. 842a-2, S 1.
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<br />,....~, 2256.002.
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<br />Definitions.
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<br />In this subchapter:' ,
<br />H":'cd' ,iln~tittlti6~ bf highet cdudati6i1/ihas' the nieariing 'assigne'a 'bY"S~c~ion.
<br />. . I. .' '. .,;:, I, '~n j
<br />, 61.003, EducatIOn Code.
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<br />" 1: (2) "School'district" rneans a public school district. ..; ','.
<br />. ',", :'>",: II,'; ", .,'" ~<\.; \ '. ,"" '_:' .' ,.:,' , ' ," -:.' '..;' , ,", _!. \ (.,.)
<br />.:.iAadedby, Acts 1993', 73rd'Leg., ch.268, S I,eff. Sept. 1, 1993':'.::"':;';;")1<',1",,(1..)
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