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the results of the most recent audit performed under this <br />subsection to the state auditor. Subject to a risk assessment and <br />to the legislative audit committee's approval of including a review <br />by the state auditor in the audit plan under Section 321.013, the <br />state auditor may review information provided under this section. <br />If review by the state auditor is approved by the legislative audit <br />committee, the state auditor may, based on its review, require a <br />state agency to also report to the state auditor other information <br />the state auditor determines necessary to assess compliance with <br />laws and policies applicable to state agency investments. A report <br />under this subsection shall be prepared in a manner the state <br />auditor prescribes. <br />(o) The audit requirements of Subsection (n) do not apply to <br />assets of a state agency that are invested by the comptroller under <br />Section 404.024. <br />Amended by Acts 1995, 74th Leg., ch. 402, Sec. 1, eff. Sept. l, <br />1995; Acts 1997, 75th Leg., ch. 685, Sec. l, eff. Sept. 1, 1997; <br />Acts 1997, 75th Leg., ch. 1421, Sec. 3, eff. Sept. l, 1997; Acts <br />1999, 76th Leg., ch. 1454, Sec. 4, eff. Sept. l, 1999; Acts 2003, <br />78th Leg., ch. 785, Sec. 41, eff. Sept. 1, 2003. <br />Sec. 2256.006. STANDARD OF CARE. (a) Investments shall be <br />made with judgment and care, under prevailing circumstances, that a <br />person of prudence, discretion, and intelligence would exercise in <br />the management of the person's own affairs, not for speculation, <br />Page -13 - <br />