Texas § ED.62.143 - ADMINISTRATION AND INVESTMENT OF FUND
Full text of Texas The Texas Constitution § ED.62.143 — ADMINISTRATION AND INVESTMENT OF FUND, with citation guidance and answers to common questions.
§ ED.62.143. ADMINISTRATION AND INVESTMENT OF FUND
ADMINISTRATION AND INVESTMENT OF FUND. (a) The Texas University Fund is a fund outside the state treasury held by the comptroller and administered by the trust company. (b) The trust company shall administer and invest the fund in accordance with Section 20 , Article VII, Texas Constitution. (c) The trust company shall determine the amount available for distribution from the fund in accordance with a distribution policy adopted by the comptroller that is designed to: (1) preserve the purchasing power of the fund's assets over an economic cycle, subject to the liquidity needs of the fund; and (2) provide as nearly as practicable a stable and predictable stream of annual distributions. Added by Acts 2009, 81st Leg., R.S., Ch. 287 (H.B. 51 ), Sec. 13, eff. September 1, 2009. Amended by: Acts 2023, 88th Leg., R.S., Ch. 1004 (H.B. 1595 ), Sec. 13, eff. January 1, 2024.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § ED.62.143
What does The Texas Constitution § ED.62.143 cover?
Section ED.62.143 ("ADMINISTRATION AND INVESTMENT OF FUND") 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.62.143?
A common citation format is "The Texas Constitution § ED.62.143" (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.62.143 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.