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of the state auditor, subject to the legislative audit committee's <br />approval of including the review in the audit plan under Section <br />321.013. <br />Added by <br />Acts 1995, 74th Leg., ch. <br />402, <br />Sec. <br />1, eff. <br />Sept. <br />l, 1995. <br />Amended <br />by Acts 2003, 78th Leg., <br />ch. <br />785, <br />Sec. 42, <br />eff. <br />Sept. 1, <br />2003. <br />Sec. 2256.023. INTERNAL MANAGEMENT REPORTS. (a) Not less than <br />quarterly, the investment officer shall prepare and submit to the <br />governing body of the entity a written report of investment <br />transactions for all funds covered by this chapter for the <br />preceding reporting period. <br />(b) The report must: <br />(1) describe in detail the investment position of the <br />entity on the date of the report; <br />(2) be prepared jointly by all investment officers of <br />the entity; <br />(3) <br />be signed <br />by each <br />investment <br />officer of <br />the entity; <br />(4) <br />contain a <br />summary <br />statement, <br />prepared in <br />compliance <br />with generally accepted accounting principles, of each pooled fund <br />group that states the: <br />(A) beginning market value for the reporting <br />period; <br />(B) additions and changes to the market value <br />during the period; <br />Page -37 - <br />