Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 8. PUBLIC RETIREMENT SYSTEMS |
Subtitle A. PROVISIONS GENERALLY APPLICABLE TO PUBLIC RETIREMENT SYSTEMS |
Chapter 806. PROHIBITION ON INVESTMENT IN SUDAN |
Subchapter A. GENERAL PROVISIONS |
Sec. 806.005. OTHER LEGAL OBLIGATIONS
Latest version.
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With respect to actions taken in compliance with this chapter, including all good faith determinations regarding companies as required by this chapter, a state governmental entity is exempt from any conflicting statutory or common law obligations, including any obligations with respect to making investments, divesting from any investment, preparing or maintaining any list of companies, or choosing asset managers, investment funds, or investments for the state governmental entity's securities portfolios.
Added by Acts 2007, 80th Leg., R.S., Ch. 1375 , Sec. 2, eff. January 1, 2008.