The board of trustees may commingle for investment purposes the assets of a fund created under this chapter with another fund created under this chapter or any other trust fund administered by the board if the board maintains and credits proportionate ownership records.
Tex. Ins. Code § 1551.407
MANAGEMENT OF ASSETS
Known as the Texas Employees Group Benefits Act
The act spans §§ 1551.001 to 1551.460 (156 sections).
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, 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.