Sec. 1551.406. INVESTMENT OF FUNDS

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(a) Under the standard of care provided by Section 815.307, Government Code, the board of trustees may manage and has full power to invest and reinvest the money in:
(1) the employees life, accident, and health insurance and benefits fund;
(2) the state employees cafeteria plan trust fund; and
(3) the employees' health care stabilization trust fund.
(b) The earnings, including interest on money in the fund and proceeds from the sale of any investments, become a part of the fund.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.

                    
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