Government Code § 802.207
An investment manager that is not a bank and has a contract under Section 802.204 may not serve as custodian of reserve fund assets. When the public retirement system needs it, the governing body must withdraw system money from a custodian to pay benefits and other approved uses.
- Jurisdiction
- United States — Texas
- Instrument
- Code
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- Undated source snapshot
- Language
- en
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custody and use of funds
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Government Code § 802.207
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