Tex. Gov't Code § 404.114

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 404.114 - Investment Management

(a) The comptroller may delegate investment authority and may contract with private professional investment managers to manage or assist in managing assets held by the trust company.

(b) The comptroller may delegate a power or duty relating to the investment of assets held by the trust company to an employee or agent of the comptroller, including professional investment managers.

Tex. Gov't. Code § 404.114

Added by Acts 2001, 77th Leg., ch. 1158, Sec. 27, eff. 6/15/2001.