Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 2257.083 - Investment; Selection of Depository
This chapter does not:
(1) prohibit an exempt institution from prudently investing in a certificate of deposit; or(2) restrict the selection of a depository by the governing body of an exempt institution in accordance with its fiduciary duty.
Tex. Gov't. Code § 2257.083
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.