Texas Statutes
§ 712.027 — INVESTMENT OF FUND.
Texas § 712.027
JurisdictionTexas
Code HSHealth and Safety Code
This text of Texas § 712.027 (INVESTMENT OF FUND.) 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. Health and Safety Code Code Ann. § 712.027 (2026).
Text
Sec. 712.027. INVESTMENT OF FUND.
(a)A trustee shall invest and manage the investment of the principal of a fund in accordance with the Texas Trust Code (Section 111.001 et seq., Property Code).
(b)An investment must be made at not more than the prevailing market value of the securities at the time of acquisition.
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Legislative History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 634, Sec. 37, eff. Sept. 1, 1993.
Nearby Sections
15
§ 712.001
DEFINITIONS.§ 712.002
EXEMPTIONS FROM CHAPTER.§ 712.0032
CERTIFICATE OF AUTHORITY REQUIREMENT.§ 712.0035
ISSUANCE OF CERTIFICATE OF AUTHORITY.§ 712.0036
TERM OF CERTIFICATE OF AUTHORITY.§ 712.0037
RENEWAL OF CERTIFICATE OF AUTHORITY.§ 712.0038
TRANSFER OR ASSIGNMENT PROHIBITED.§ 712.00395
SURRENDER OF CERTIFICATE OF AUTHORITY; FEE.§ 712.004
PERPETUAL CARE TRUST FUND REQUIRED.§ 712.007
NOTICE OF PERPETUAL CARE REQUIRED.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 712.027, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/HS/712.027.