Texas § WA.36.061 - POLICIES
Full text of Texas The Texas Constitution § WA.36.061 — POLICIES, with citation guidance and answers to common questions.
§ WA.36.061. POLICIES
POLICIES. (a) Subject to the law governing the district, the board shall adopt the following in writing: (1) a code of ethics for district directors, officers, employees, and persons who are engaged in handling investments for the district; (2) a policy relating to travel expenditures; (3) a policy relating to district investments that ensures that: (A) purchases and sales of investments are initiated by authorized individuals, conform to investment objectives and regulations, and are properly documented and approved; and (B) periodic review is made of district investments to evaluate investment performance and security; (4) policies and procedures for selection, monitoring, or review and evaluation of professional services; and (5) policies that ensure a better use of management information, including: (A) budgets for use in planning and controlling cost; and (B) an audit or finance committee of the board. (b) The state auditor may audit the records of any district if the state auditor determines that the audit is necessary. Added by Acts 1995, 74th Leg., ch. 933, Sec. 2, eff. Sept. 1, 1995. Amended by Acts 2003, 78th Leg., ch. 785, Sec. 51, eff. Sept. 1, 2003. Amended by: Acts 2015, 84th Leg., R.S., Ch. 415 (H.B. 2767 ), Sec. 5, eff. June 10, 2015.
Frequently Asked Questions About Texas § WA.36.061
What does The Texas Constitution § WA.36.061 cover?
Section WA.36.061 ("POLICIES") 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.36.061?
A common citation format is "The Texas Constitution § WA.36.061" (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.36.061 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.