Tex. Gov't Code § 552.143 · Subchapter C. INFORMATION EXCEPTED FROM REQUIRED DISCLOSURE
CONFIDENTIALITY OF CERTAIN INVESTMENT INFORMATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) All information prepared or provided by a private investment fund and held by a governmental body that is not listed in Section 552.0225(b) is confidential and excepted from the requirements of Section 552.021.
(b) Unless the information has been publicly released, pre-investment and post-investment diligence information, including reviews and analyses, prepared or maintained by a governmental body or a private investment fund is confidential and excepted from the requirements of Section 552.021, except to the extent it is subject to disclosure under Subsection (c).
(c) All information regarding a governmental body's direct purchase, holding, or disposal of restricted securities that is not listed in Section 552.0225(b)(2)-(9), (11), or (13)-(16) is confidential and excepted from the requirements of Section 552.021. This subsection does not apply to a governmental body's purchase, holding, or disposal of restricted securities for the purpose of reinvestment nor does it apply to a private investment fund's investment in restricted securities. This subsection applies to information regarding a direct purchase, holding, or disposal of restricted securities by the Texas growth fund, created under Section 70, Article XVI, Texas Constitution, that is not listed in Section 552.0225(b).
(d) For the purposes of this chapter:
(1) "Private investment fund" means an entity, other than a governmental body, that issues restricted securities to a governmental body to evidence the investment of public funds for the purpose of reinvestment.
(2) "Reinvestment" means investment in a person that makes or will make other investments.
(3) "Restricted securities" has the meaning assigned by 17 C.F.R. Section 230.144(a)(3).
(e) Repealed by Acts 2011, 82nd Leg., 1st C.S., Ch. 4, Sec. 17.05(1), eff. September 28, 2011.
(f) This section does not apply to the Texas Mutual Insurance Company or a successor to the company.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 1338 (S.B. 121), Sec. 2, eff. June 18, 2005.
Amended by:
Acts 2011, 82nd Leg., 1st C.S., Ch. 4 (S.B. 1), Sec. 17.05(1), eff. September 28, 2011.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.552.htm
- Text hash
- sha256 4554f9391411e8ab92d3b10d57234a433f89576a744347c2532b1fd61c0a9f4a
- 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
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
The Texas Constitution
Cited by 4 provisions
Provisions in this library whose text cites Tex. Gov't Code § 552.143. Each shows the citation as that text prints it.
Government Code
- Tex. Gov't Code § 552.0225RIGHT OF ACCESS TO INVESTMENT INFORMATION.Printed as Section 552.143
- Tex. Gov't Code § 552.305INFORMATION INVOLVING PRIVACY OR PROPERTY INTERESTS OF THIRD PARTY.Printed as Section 552.101, 552.110, 552.1101, 552.113, 552.131, or 552.143 | Section 552.101, 552.110, 552.1101, 552.114, 552.131, or 552.143
- Tex. Gov't Code § 825.3011CERTAIN CONSULTATIONS CONCERNING INVESTMENTS.Printed as Section 552.143
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.