Tex. Gov't Code Section 809.002
Other Legal Obligations

With respect to actions taken in compliance with this chapter, including all good faith determinations regarding financial 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 financial companies, or choosing asset managers, investment funds, or investments for the state governmental entity’s securities portfolios.

Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.

Source: Section 809.002 — Other Legal Obligations, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.809.htm#809.002 (accessed Jun. 5, 2024).

809.001
Definitions 809.002
Other Legal Obligations 809.003
Indemnification of State Governmental Entities, Employees, and Others 809.004
No Private Cause of Action 809.005
Inapplicability of Requirements Inconsistent with Fiduciary Responsibilities and Related Duties 809.006
Reliance on Financial Company Response 809.051
Listed Financial Companies 809.052
Identification of Investment in Listed Financial Companies 809.053
Actions Relating to Listed Financial Company 809.054
Divestment of Assets 809.055
Investments Exempted from Divestment 809.056
Authorized Investment in Listed Financial Companies 809.057
Prohibited Investments 809.101
Report 809.102
Enforcement

Up to date

Accessed:
Jun. 5, 2024

§ 809.002’s source at texas.gov

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Location: https://texas.public.law/statutes/tex._gov't_code_section_809.002

Original Source: Section 809.002 — Other Legal Obligations, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.809.htm#809.002 (last accessed Jun. 5, 2024).

Tex. Gov't Code Section 809.002 Other Legal Obligations

Tex. Gov't Code Section 809.002
Other Legal Obligations