Government Code › Title 8 › Chapter 809 › Subchapter A

Texas Government Code § 809.005

Inapplicability of Requirements Inconsistent with Fiduciary Responsibilities and Related Duties

Prohibition on Investment in Financial Companies That Boycott Certain Energy Companies · General Provisions

A state governmental entity is not subject to a requirement of this chapter if the state governmental entity determines that the requirement would be inconsistent with its fiduciary responsibility with respect to the investment of entity assets or other duties imposed by law relating to the investment of entity assets, including the duty of care established under Section 67, Article XVI, Texas Constitution.

Official text of the Texas Government Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 529 (S.B. 13), Sec. 1, eff. September 1, 2021.

Other codes referenced

Const. Art. XVI, § 67