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Texas Government Code - GOV'T § 2256.004. Applicability

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) This subchapter does not apply to:

(1) a public retirement system as defined by Section 802.001;

(2) state funds invested by the comptroller;

(3) an institution of higher education having total endowments of at least $150 million in book value on September 1, 2017;

(4) funds invested by the Veterans' Land Board as authorized by Chapter 161, 162, or 164, Natural Resources Code;

(5) registry funds deposited with the county or district clerk under Chapter 117, Local Government Code;  or

(6) a deferred compensation plan that qualifies under either Section 401(k) or 457 of the Internal Revenue Code of 1986 (26 U.S.C. Section 1 et seq.), as amended.

(b) This subchapter does not apply to an investment donated to an investing entity for a particular purpose or under terms of use specified by the donor.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 2256.004. Applicability - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-2256-004/

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