Texas Education Code

§ 43.065 — WRITTEN INVESTMENT OBJECTIVES; PERFORMANCE EVALUATION

ED § 43.065Title 2. PUBLIC EDUCATION · Part I. SCHOOL FINANCE AND FISCAL MANAGEMENT · Ch. 43. PERMANENT SCHOOL FUND AND AVAILABLE SCHOOL FUND · Art. B. TEXAS PERMANENT SCHOOL FUND CORPORATION

Statute text

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In accordance with Section 43.004, the board of directors shall:

(1)develop written investment objectives concerning the investment of the permanent school fund; and

(2)employ a well-recognized performance measurement service to evaluate and analyze the investment results of the permanent school fund.

Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 875 (S.B. 1232), Sec. 1.06, eff. September 1, 2021.