Tex. Gov't Code Section 808.002
Other Legal Obligations

With respect to actions taken in compliance with this chapter, including all good faith determinations regarding companies as required by this chapter, a state governmental entity and the comptroller are exempt from any conflicting statutory or common law obligations, including any obligations with respect to making investments, divesting from any investment, preparing or maintaining any list of companies, or choosing asset managers, investment funds, or investments for the state governmental entity’s securities portfolios.

Added by Acts 2017, 85th Leg., R.S., Ch. 1 (H.B. 89), Sec. 2, eff. September 1, 2017.

Source: Section 808.002 — Other Legal Obligations, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.808.htm#808.002 (accessed May 26, 2025).

808.001
Definitions 808.002
Other Legal Obligations 808.003
Indemnification of State Governmental Entities, Employees, and Others 808.004
No Private Cause of Action 808.005
Inapplicability of Requirements Inconsistent with Fiduciary Responsibilities and Related Duties 808.006
Reliance on Company Response 808.051
Listed Companies 808.052
Identification of Investment in Listed Companies 808.053
Actions Relating to Listed Company 808.054
Divestment of Assets 808.055
Investments Exempted from Divestment 808.056
Authorized Investment in Listed Companies 808.057
Prohibited Investments 808.101
Report 808.102
Enforcement

Up to date

Verified:
May 26, 2025

§ 808.002. Other Legal Obligations's source at texas.gov

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Location: https://texas.public.law/statutes/tex._gov't_code_section_808.002

Original Source: Section 808.002 — Other Legal Obligations, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.808.htm#808.002 (last accessed May 10, 2025).

Tex. Gov't Code Section 808.002 Other Legal Obligations

Tex. Gov't Code Section 808.002
Other Legal Obligations