Texas Vernon’s Civil Statutes
Sec. § 3.10
Investment Managers


The police retirement board may hire an investment manager or investment managers who shall have full authority to invest the assets and manage any portion of the portfolio of the system, as specified by the managers employment contract.

(b)

The persons appointed under this section are entitled to the compensation provided by the districts budget.

(c)

The person appointed as treasurer shall execute a bond in the amount determined by the board, payable to the district, conditioned on the faithful performance of the treasurers duties. The district shall pay for the bond.
Source
Last accessed
Nov. 13, 2019