Texas Water Code
§ 36.061 — POLICIES
WA § 36.061Title 2. WATER ADMINISTRATION · Part E. GROUNDWATER MANAGEMENT · Ch. 36. GROUNDWATER CONSERVATION DISTRICTS · Art. C. ADMINISTRATION
Statute text
View on source(a)Subject to the law governing the district, the board shall adopt the following in writing:
(1)a code of ethics for district directors, officers, employees, and persons who are engaged in handling investments for the district;
(2)a policy relating to travel expenditures;
(3)a policy relating to district investments that ensures that:
(A)purchases and sales of investments are initiated by authorized individuals, conform to investment objectives and regulations, and are properly documented and approved; and
(B)periodic review is made of district investments to evaluate investment performance and security;
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Legislative history
Acts 2015, 84th Leg., R.S., Ch. 415 (H.B. 2767), Sec. 5, eff. June 10, 2015.