Tex. Gov't Code § 404.026

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 404.026 - Eleemosynary Funds

The comptroller may invest the permanent funds of the Texas School for the Blind and Visually Impaired, Texas School for the Deaf, Austin State Hospital, and Corsicana State Home and may invest other permanent funds, the investment of which is not otherwise provided for, that have $1,000 or more on deposit with the comptroller that are not invested. The comptroller shall invest the funds in the same classes of bonds as are authorized for investment of the permanent school fund.

Tex. Gov't. Code § 404.026

Amended By Acts 1997, 75th Leg., ch. 891, Sec. 3.10, eff. 9/1/1997

Amended By Acts 1997, 75th Leg., ch. 1423, Sec. 7.34, eff. 9/1/1997.

Amended by Acts 1989, 71st Leg., ch. 247, Sec. 15, eff. 6/14/1989

Acts 1987, 70th Leg., ch. 147, Sec. 1, eff. 9/1/1987.