Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
(a) Each trustee of the state board is entitled to one vote. Except as provided by Subsection (b), at any meeting of the state board, a vote by a majority of the trustees present is necessary for a decision by the trustees.(b) The concurrence of a majority of the members of the state board is required for a vote regarding: (1) eligibility for service retirement described by Section 864.001;(2) the computation of a service retirement annuity described by Section 864.002;(3) a cost-of-living increase described by Section 864.013; or(4) a lump-sum payment adopted under Section 864.014.Tex. Gov't. Code § 865.004
Added by Acts 2005, 79th Leg., Ch. 803, Sec. 1, eff. 9/1/2005.