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$ 2256.051. Electronic Funds Transfer <br />Any local government may use electronic means to transfer or invest all funds collected or controlled by the local <br />government. <br />Amended by Acts 1995, 74th Leg., ch. 402, § 1, eff. Sept. 1, 1995. <br /><General Materials (GIV) - References, Annotations, or Tables> <br />2256.052. Private Auditor <br />Notwithstanding any other law, a state agency shall employ a private auditor if authorized by the legislative audit <br />committee either on the committee's initiative or on request of the governing body of the agency. <br />Amended by Acts 1995, 74th Leg., ch. 402, § 1, eff. Sept. 1, 1995. <br /><General Materials (GIV) - References, Annotations, or Tables> <br />HISTORICAL AND STATUTORY NOTES <br />2000 Main Volume <br />Prior Laws: <br />Acts 1979, 66th Leg., p. 2071, ch. 810. <br />Vernon's Ann.Civ.St. art. 4413(34c), $ 5. <br />Acts 1993, 73rd Leg., ch. 268, § 1. <br />V.T.C.A.. Government Code & 2256.058. <br />2256.053. Pavment for Securities Purchased bv State <br />The comptroller or the disbursing officer of an agency that has the power to invest assets directly may pay for <br />authorized securities purchased from or through a member in good standing of the National Association of Securities <br />Dealers or from or through a national or state bank on receiving an invoice from the seller of the securities showing <br />that the securities have been purchased by the board or agency and that the amount to be paid for the securities is <br />just, due, and unpaid. A purchase of securities may not be made at a price that exceeds the existing market value of <br />the securities. <br />Amended by Acts 1995, 74th Leg., ch. 402, § 1, eff. Sept. 1, 1995; Acts 1997, 75th Leg., ch. 1423, § 8.67, eff. Sept. <br />1, 1997. <br /><General Materials (GIV) - References, Annotations, or Tables> <br />HISTORICAL AND STATUTORY NOTES <br />2000 Main Volume <br />Acts 1997, 75th Leg., ch. 1423 made conforming amendments to reflect the abolishment of the office of the state <br />treasurer. <br />Sections 22.01 to 22.03 of Acts 1997, 75th Leg., ch. 1423 provide: <br />"Sec. 22.01. The purpose of this Act is to conform the statutes to reflect the abolishment of the office of state <br />treasurer. <br />Copr. C West 2001 No Claim to Orig. U. S. Govt. Works <br />