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<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 />li~'008 "~'Oll
<br />__:>0. . . . . . . . . . . . . . . . . . . . . . . --)0.
<br />
<br />2256.009 ......................2256.012
<br />2256.010 ..... .................2256.013
<br />2256.011 ...................... 2256.014
<br />2256.012 ......................2256.020
<br />2256.013 ......................2256.016
<br />2256.014 ................. . . . . . 2256.018
<br />
<br />GOVER..l\IMENT CODE
<br />Title 10
<br />
<br />Former Amended
<br />Section Section
<br />2256.015 ...................... 2256.024
<br />2256.016 ......................2256.004
<br />2256.051 ...........'...........2256.002
<br />" "6 0'" 2? .., 00"
<br />--" . :>- ...................... _:>0. ,)
<br />
<br />"~'0~3 2'-'006
<br />-_)0.:> ...................... _:>0.
<br />
<br />2'-'0"4 '1"'00-
<br />_,)0.:> ...................... -_':>0. :>
<br />
<br />2'''60''- 2'-'00"
<br />-.) . ,;.) .................. . . " _':>0. "
<br />
<br />'')'''0''6 "-'016
<br />-_':>0.,) ...................... -_':>0.
<br />
<br />2256.057 ......................2256.023
<br />2256.058 .................. . . . .2256.052
<br />,,-' 0"9 ,,-' 024
<br />--:>O.:J ....,. . . . . , . . . . . . . . . . . --':>0.
<br />
<br />2256.101.......................... _
<br />
<br />""610' ,i-'0"3
<br />-_:J. -. . . . . . , . . , . . . . . . . . . . . . -_':>0. ;,
<br />
<br />2256.103 ...................... 2256.054
<br />2'''6 10 '1-60"-
<br />-,;. 4. . . . . . . . . . . . . . . . . . . . . . _...) . ,),)
<br />
<br />Historical and Statutory Notes
<br />
<br />F ,:.,.,-, 0 ,., I d th A 199" -4' L ' -, 5-,4...)
<br />ol'17le: ;$ __,)0.1 1. Wll1cn re ate to au cr ClS ,), I Ul e!!.. en. 10. .. ~. .,)Ie, to
<br />rized investments, was de:ived from: coniorm to Acts 1993,-i3rd Leg., cn. 946, 9 1,
<br />added 9 2256.0141. That provision did not
<br />take effect pursuant to Acts 1995, i 4th Leg.. ch,
<br />402, 9 6, which provides that ch. 402 conrrols
<br />ove: cn. i 6 to the extent of a.1Y conflict.
<br />
<br />Acts 196i, 60th Leg., p. 915, ch, 401.
<br />Ve:non's Ann.Civ.St an. 6252-52.. 9 1.
<br />Acts 1993, i3rd Leg" cn. 268. S 1.
<br />
<br />Cross References
<br />
<br />Water districts, ge:le:al fiscal provisions and invesrme:n regulations, see V.T.C.A, Wate: Code
<br />9 49.l5i.
<br />
<br />Library References
<br />
<br />Investrnem of funds, se~ Brooks, 35 Texas
<br />Practice 9 14.6.
<br />
<br />SUBCHAPTER A. AUTHORlZED INVESTMENTS
<br />FOR GOVER..~MENTAL ENTITIES
<br />
<br />S 2256.001. Short Title
<br />This chapter may be cited as the Public Funds Investment Act.
<br />Am~nded by Acts 1995, 74th Leg., ch. 402, S 1. eff. Sept 1, 1995.
<br />
<br />Historical and Statutory Notes
<br />
<br />I
<br />I
<br />I
<br />I
<br />I
<br />1', ~
<br />
<br />Sections 6. 9. and 11 of the 1995 amend;uory
<br />aci. provide:
<br />
<br />"Sec. 6. As provided by Section 1.02, Senate
<br />Bill No. 959. Ac:.s of the 74th Leg~slatu.re, Regu.
<br />lar Session. 1995. this Act conrrols over Senate
<br />Bill No. 959 to the extent of any conflict"
<br />
<br />"Sec. 9. The state auditor shall conduct. or
<br />shall hire an inde:)endem evaluator to conduct.
<br />:m :lSsessmem of the risks and benefitsassociat.
<br />td with authorizing entities subject to this chap.
<br />
<br />ter to invest in mutual funds orner than money
<br />market mutual funds, investment. pools other
<br />than investment pools that function as money
<br />market mutual funds. and 2Uarameed invest.
<br />ment contracts. The state a~ditor shall repon
<br />these findings to the legislature not later than
<br />September 1. 1996. This sec:ion expires on
<br />September 2, 1996."
<br />"Sec. 11. An entin' that acouired authorized
<br />investment securities 'under Ch'apter 2156. Gov.
<br />ernment Coae. before Ule effec:ive date of this
<br />
<br />. ._....._J...l.~.
<br />
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