Texas Vernon’s Civil Statutes
Sec. § 11.03
Investment Policy


The board of trustees shall adopt and maintain a written investment policy regarding the investment of fund assets.


The board of trustees may not adopt an amendment to the investment policy adopted under this section unless the proposed amendment is approved by the affirmative vote of a majority of the members of the board at not fewer than three regular meetings of the board.
Last accessed
Oct. 19, 2019