Texas Statutes

§ 802.206 — EVALUATION OF INVESTMENT SERVICES.

Texas § 802.206
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 802.206 (EVALUATION OF INVESTMENT SERVICES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Government Code Code Ann. § 802.206 (2026).

Text

Sec. 802.206. EVALUATION OF INVESTMENT SERVICES.

(a)The governing body of a public retirement system may at any time and shall at frequent intervals monitor the investments made by any investment manager for the system. The governing body may contract for professional evaluation services to fulfill this requirement.
(b)A political subdivision of which members of the retirement system are officers or employees may pay all or part of the cost of professional evaluation services under a contract under this section. Any cost not paid directly by a political subdivision is payable from funds of the public retirement system.

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Legislative History

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 12.206 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

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Bluebook (online)
Texas § 802.206, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/802.206.