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09-Fiscal Management - investment policy
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09-Fiscal Management - investment policy
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CITY CLERK
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association, business, organization, governmental entity, or other <br />person that provides training under this section shall report to <br />the comptroller a list of the governmental entities for which the <br />person provided required training under this section during that <br />calendar year. An individual's reporting requirements under this <br />subsection are satisfied by a report of the individual's employer <br />or the sponsoring or organizing entity of a training program or <br />seminar. <br />(e) This section does not apply to a district governed by <br />Chapter 36 or 49, Water Code. <br />Amended by Acts 1995, 74th Leg., ch. 402, Sec. 1, eff. Sept. 1, <br />1995; Acts 1997, 75th Leg., ch. 1421, Sec. 5, eff. Sept. 1, 1997; <br />Acts 1999, 76th Leg., ch. 1454, Sec. 6, eff. Sept. 1, 1999; Acts <br />2001, 77th Leg., ch. 69, Sec. 4, eff. May 14, 2001. <br />Sec. 2256.009. AUTHORIZED INVESTMENTS: OBLIGATIONS OF, OR <br />GUARANTEED BY GOVERNMENTAL ENTITIES. (a) Except as provided by <br />Subsection (b), the following are authorized investments under this <br />subchapter: <br />(1) obligations, including letters of credit, of the <br />United States or its agencies and instrumentalities; <br />(2) direct obligations of this state or its agencies <br />and instrumentalities; <br />(3) collateralized mortgage obligations directly <br />issued by a federal agency or instrumentality of the United States, <br />the underlying security for which is guaranteed by an agency or <br />instrumentality of the United States; <br />(4) other obligations, the principal and interest of <br />which are unconditionally guaranteed or insured by, or backed by <br />the full faith and credit of, this state or the United States or <br />their respective agencies and instrumentalities; <br />(5) obligations of states, agencies, counties, <br />cities, and other political subdivisions of any state rated as to <br />investment quality by a nationally recognized investment rating <br />firm not less than A or its equivalent; and <br />(6) bonds issued, assumed, or guaranteed by the State <br />of Israel. <br />12 <br /> <br />J <br />
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