Section 2256.004 - Applicability(a) This subchapter does not apply to:(1) a public retirement system as defined by Section 802.001;(2) state funds invested as authorized by Section 404.024;(3) an institution of higher education having total endowments of at least $150 million in book value on September 1, 2017;(4) funds invested by the Veterans' Land Board as authorized by Chapter 161, 162, or 164, Natural Resources Code;(5) registry funds deposited with the county or district clerk under Chapter 117, Local Government Code; or(6) a deferred compensation plan that qualifies under either Section 401(k) or 457 of the Internal Revenue Code of 1986 (26 U.S.C. Section 1 et seq.), as amended.(b) This subchapter does not apply to an investment donated to an investing entity for a particular purpose or under terms of use specified by the donor.Tex. Gov't. Code § 2256.004
Amended by Acts 2017, Texas Acts of the 85th Leg. - Regular Session, ch. 773,Sec. 1, eff. 6/14/2017.Amended by Acts 1995, 74th Leg., ch. 402, Sec. 1, eff. 9/1/1995; Acts 1997, 75th Leg., ch. 505, Sec. 24, eff. 9/1/1997; Acts 1997, 75th Leg., ch. 1421, Sec. 2, eff. 9/1/1997; Acts 1999, 76th Leg., ch. 62, Sec. 8.21, eff. 9/1/1999; Acts 1999, 76th Leg., ch. 1454, Sec. 3, eff. 9/1/1999.