yourstate.us
Home / Texas / Finance Code
Tex. Finance Code § 154.257

INVESTMENT PLAN

Texas · Texas Finance Code · Status: effective

Banking, Finance & Insurance
Get this as JSONEmbed this
Cite this
Citation
Tex. Finance Code § 154.257, INVESTMENT PLAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/646256
Permanent ID
ys:prov:646256@1
SHA-256
1b0fad443a8a2e558af7a6396d5af3c5ac74f5c35bb3361c0d93c4d084408a1c

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

(a) A permit holder or trustee, if the permit holder deposits the money with a financial institution as trustee, shall: (1) adopt a written investment plan consistent with this section and Sections 154.256 and 154.258 that specifies the quality, maturity, and diversification of investments; (2) at least annually, review the adequacy and implementation of the investment plan; (3) maintain investment records covering each transaction; and (4) maintain the investment plan in the principal offices of the permit holder and trustee. (b) The permit holder shall provide the investment plan to the department with the filing of the permit holder's annual report.