Tex. Loc. Gov't Code § 172.009

INVESTMENTS

Known as the Texas Political Subdivision Employees Uniform Group Benefits Act

The act spans §§ 172.001 to 172.016 (15 sections).

Added by Acts 1989, 71st Leg., ch. 1067, Sec. 1, eff

(a) The trustees of a risk pool shall invest the pool's money in accordance with Subchapter A, Chapter 2256, Government Code to the extent that law can be made applicable.

(b) In addition to investments authorized under Subchapter A, Chapter 2256, Government Code, the trustees of a pool may invest the pool's money in any investment authorized by the Texas Trust Code (Subtitle B, Title 9, Property Code).

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.