Texas § GV.825.3011 - CERTAIN CONSULTATIONS CONCERNING INVESTMENTS
Full text of Texas The Texas Constitution § GV.825.3011 — CERTAIN CONSULTATIONS CONCERNING INVESTMENTS, with citation guidance and answers to common questions.
§ GV.825.3011. CERTAIN CONSULTATIONS CONCERNING INVESTMENTS
CERTAIN CONSULTATIONS CONCERNING INVESTMENTS. (a) In this section, "private investment fund," "reinvestment," and "restricted securities" have the meanings assigned by Section 552.143 . (b) Chapter 551 does not require the board of trustees to confer with one or more employees, consultants, or legal counsel of the retirement system or with a third party, including representatives of an issuer of restricted securities or a private investment fund, in an open meeting if the only purpose of the conference is to receive information from or question the employees, consultants, or legal counsel of the retirement system or the third party relating to: (1) investment transactions or potential investment transactions if, before conducting the closed meeting, a majority of the board of trustees in an open meeting vote that deliberating or conferring in an open meeting would have a detrimental effect on the position of the retirement system in negotiations with third parties or put the retirement system at a competitive disadvantage in the market; or (2) the purchase, holding, or disposal of restricted securities or a private investment fund's investment in restricted securities if, under Section 552.143 , the information discussed would be confidential and excepted from the requirements of Section 552.021 if the information was included in the records of a governmental body. (c) This section applies notwithstanding Section 825.115 . Added by Acts 2007, 80th Leg., R.S., Ch. 124 (S.B. 1447 ), Sec. 2, eff. May 17, 2007. Amended by: Acts 2017, 85th Leg., R.S., Ch. 930 (S.B. 1663 ), Sec. 11, eff. September 1, 2017.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § GV.825.3011
What does The Texas Constitution § GV.825.3011 cover?
Section GV.825.3011 ("CERTAIN CONSULTATIONS CONCERNING INVESTMENTS") 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.825.3011?
A common citation format is "The Texas Constitution § GV.825.3011" (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.825.3011 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.