Texas § GV.2256.007 - INVESTMENT TRAINING

Full text of Texas The Texas Constitution § GV.2256.007 — INVESTMENT TRAINING, with citation guidance and answers to common questions.

§ GV.2256.007. INVESTMENT TRAINING

INVESTMENT TRAINING; STATE AGENCY BOARD MEMBERS AND OFFICERS. (a) Each member of the governing board of a state agency and its investment officer shall attend at least one training session relating to the person's responsibilities under this chapter within six months after taking office or assuming duties. (b) The Texas Higher Education Coordinating Board shall provide the training under this section. (c) Training under this section must include education in investment controls, security risks, strategy risks, market risks, diversification of investment portfolio, and compliance with this chapter. (d) An investment officer shall attend a training session not less than once each state fiscal biennium and may receive training from any independent source approved by the governing body of the state agency. The investment officer shall prepare a report on this subchapter and deliver the report to the governing body of the state agency not later than the 180th day after the last day of each regular session of the legislature. Added by Acts 1993, 73rd Leg., R.S., Ch. 268 (S.B. 248 ), Sec. 1, eff. September 1, 1993. Amended by: Acts 1995, 74th Leg., ch. 402, Sec. 1, eff. Sept. 1, 1995. Acts 1997, 75th Leg., ch. 73, Sec. 1, eff. May 9, 1997. Acts 1997, 75th Leg., ch. 1421, Sec. 4, eff. Sept. 1, 1997. Acts 1999, 76th Leg., ch. 1454, Sec. 5, eff. Sept. 1, 1999. Acts 2011, 82nd Leg., R.S., Ch. 1004 (H.B. 2226 ), Sec. 2, eff. June 17, 2011.

Frequently Asked Questions About Texas § GV.2256.007

What does The Texas Constitution § GV.2256.007 cover?

Section GV.2256.007 ("INVESTMENT TRAINING") 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 § GV.2256.007?

A common citation format is "The Texas Constitution § GV.2256.007" (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 § GV.2256.007 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.