Tex.
Gov't Code Section 2256.004
Applicability
(a)
This subchapter does not apply to:(1)
a public retirement system as defined by Section 802.001 (Definitions);(2)
state funds invested as authorized by Section 404.024 (Authorized Investments);(3)
an institution of higher education having total endowments of at least $150 million in book value on September 1, 2017;(4)
funds invested by the Veterans’ Land Board as authorized by Chapter 161 (Veterans Land Board), 162 (Veterans’ Housing Assistance Program), or 164 (Veterans’ Financial Assistance Program), Natural Resources Code;(5)
registry funds deposited with the county or district clerk under Chapter 117 (Depositories for Certain Trust Funds and Court Registry Funds), Local Government Code; or(6)
a deferred compensation plan that qualifies under either Section 401(k) or 457 of the Internal Revenue Code of 1986 (26 U.S.C. Section 1 et seq.), as amended.(b)
This subchapter does not apply to an investment donated to an investing entity for a particular purpose or under terms of use specified by the donor.
Source:
Section 2256.004 — Applicability, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2256.htm#2256.004
(accessed Jun. 5, 2024).