Tex. Spec. Dist. Local Laws Code Section 8834.158
Investment Officer

(a)

Notwithstanding Section 2256.005 (Investment Policies; Investment Strategies; Investment Officer)(f), Government Code, the board may contract with a person to act as investment officer of the district.

(b)

The investment officer shall:

(1)

not later than the first anniversary of the date the officer takes office or assumes the officer’s duties, attend a training session of at least six hours of instruction relating to investment responsibilities under Chapter 2256 (Public Funds Investment), Government Code; and

(2)

attend at least four hours of additional investment training within each two-year period after the first year.

(c)

Training under this section must be from an independent source approved by:

(1)

the board; or

(2)

a designated investment committee advising the investment officer.

(d)

Training under this section must include education in investment controls, security risks, strategy risks, market risks, diversification of investment portfolio, and compliance with Chapter 2256 (Public Funds Investment), Government Code.
Added by Acts 2013, 83rd Leg., R.S., Ch. 200 (S.B. 1811), Sec. 8, eff. May 25, 2013.

Source: Section 8834.158 — Investment Officer, https://statutes.­capitol.­texas.­gov/Docs/SD/htm/SD.­8834.­htm#8834.­158 (accessed May 4, 2024).

8834.001
Definitions 8834.002
Nature of District 8834.003
Purpose 8834.004
Findings of Public Use and Benefit 8834.005
District Territory 8834.006
Certain Other Statutes Inapplicable 8834.051
Directors 8834.052
Board Powers and Duties 8834.053
Official Board Actions 8834.054
Director’s Bond 8834.055
Officers 8834.056
Meetings 8834.057
Applicability of Open Meetings Law 8834.058
Compensation and Reimbursement of Directors 8834.059
Vacancies 8834.060
District Policies 8834.061
General Manager 8834.062
Personnel 8834.063
Benefits 8834.064
Bond for Employee Responsible for Money 8834.065
District Office 8834.066
Maintenance of Records 8834.067
Seal 8834.101
District Plan 8834.102
Adoption of District Plan 8834.103
Water Conservation Measures 8834.104
Annual Groundwater Withdrawal Determination 8834.105
Monitoring and Supervision by District 8834.106
District Research 8834.107
Studies by Board Staff 8834.108
Sale or Distribution of Water Prohibited 8834.109
Access to Property 8834.110
General Powers Related to Property and Contracts 8834.111
Cooperation with Governmental Entities 8834.112
Rules 8834.113
Considerations for Rules and Orders 8834.114
Hearings 8834.115
Notice of Hearings 8834.116
Board Bylaws and Policies 8834.117
Authority to Issue Subpoenas and Administer Oaths 8834.118
Suits 8834.151
Disbursement of Money 8834.152
District Accounts 8834.153
Fiscal Year 8834.154
Budget 8834.155
Audit 8834.156
Copy of Audit 8834.157
Depository and Investments 8834.158
Investment Officer 8834.201
Groundwater Withdrawals Subject to Board Rule 8834.202
Certain Groundwater Uses Exempt 8834.203
Regulation of Spacing and Groundwater Withdrawal 8834.204
Water-metering Devices 8834.205
Well Registration 8834.206
Permit Required 8834.207
Application for Permit 8834.208
Notice and Hearing on Permit Application 8834.209
Issuance of Permit 8834.210
Term of Permit 8834.211
Renewal of Permit 8834.212
Permit Fees 8834.213
Transferring Permit 8834.214
Annual Report 8834.215
Reduction of Groundwater Use 8834.216
Open or Uncovered Wells 8834.251
Appeal of District Actions 8834.252
Injunctive Relief
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Accessed:
May 4, 2024

§ 8834.158’s source at texas​.gov