Texas § ED.43.004 - WRITTEN INVESTMENT OBJECTIVES
Full text of Texas The Texas Constitution § ED.43.004 — WRITTEN INVESTMENT OBJECTIVES, with citation guidance and answers to common questions.
§ ED.43.004. WRITTEN INVESTMENT OBJECTIVES
WRITTEN INVESTMENT OBJECTIVES; PERFORMANCE EVALUATION. (a) The State Board of Education shall develop written investment objectives concerning the investment of the permanent school fund. The objectives may address desired rates of return, risks involved, investment time frames, and any other relevant considerations. (b) The board shall employ a well-recognized performance measurement service to evaluate and analyze the investment results of the permanent school fund. The service shall compare investment results with the written investment objectives developed by the board, and shall also compare the investment of the permanent school fund with the investment of other public and private funds. Added by Acts 1995, 74th Leg., ch. 260, Sec. 1, eff. May 30, 1995.
Frequently Asked Questions About Texas § ED.43.004
What does The Texas Constitution § ED.43.004 cover?
Section ED.43.004 ("WRITTEN INVESTMENT OBJECTIVES") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.43.004?
A common citation format is "The Texas Constitution § ED.43.004" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.43.004 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.