Tex. Gov't Code § 2257.083 · Subchapter E. EXEMPT INSTITUTIONS

INVESTMENT; SELECTION OF DEPOSITORY.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

This chapter does not:

(1) prohibit an exempt institution from prudently investing in a certificate of deposit; or

(2) restrict the selection of a depository by the governing body of an exempt institution in accordance with its fiduciary duty.

Notes and commentary — not statutory text

History

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2257.htm
Text hash: sha256 abb75167045db7c555a067296b441115870bcb7862f9b8b2eb8191adf8071617
Composed by: compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.