Texas § WA.15.473 - MANAGEMENT AND INVESTMENT OF FUND
Full text of Texas The Texas Constitution § WA.15.473 — MANAGEMENT AND INVESTMENT OF FUND, with citation guidance and answers to common questions.
§ WA.15.473. MANAGEMENT AND INVESTMENT OF FUND
MANAGEMENT AND INVESTMENT OF FUND. (a) Money deposited to the credit of the fund shall be invested as determined by the board. The fund may be invested with the state treasury pool. (b) The fund and any accounts established in the fund shall be kept and maintained by or at the direction of the board. (c) At the direction of the board, the fund and any accounts established in the fund may be managed by the comptroller or a corporate trustee that is a trust company or a bank that has the powers of a trust company for and on behalf of the board and pending their use for the purposes provided by this subchapter may be invested as provided by an order, resolution, or rule of the board. (d) The comptroller or corporate trustee shall manage the fund in strict accordance with this subchapter and the orders, resolutions, and rules of the board. Added by Acts 2013, 83rd Leg., R.S., Ch. 207 (H.B. 4 ), Sec. 2.02, eff. November 5, 2013.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § WA.15.473
What does The Texas Constitution § WA.15.473 cover?
Section WA.15.473 ("MANAGEMENT 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 § WA.15.473?
A common citation format is "The Texas Constitution § WA.15.473" (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 § WA.15.473 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.