The governing body of an entity subject to this subchapter or the designated investment committee of the entity shall, at least annually, review, revise, and adopt a list of qualified brokers that are authorized to engage in investment transactions with the entity.
Tex. Gov't Code § 2256.025
SELECTION OF AUTHORIZED BROKERS
Known as the Public Funds Investment Act
The act spans §§ 2256–2256 (39 sections).
Added by Acts 1997, 75th Leg., ch. 1421, Sec. 13, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.