Texas Government Code 2257.083 – Investment; Selection of Depository
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Terms Used In Texas Government Code 2257.083
- Fiduciary: A trustee, executor, or administrator.
This chapter does not:
(1) prohibit an exempt institution from prudently investing in a certificate of deposit; or
(2) restrict the selection of a depository by the governing body of an exempt institution in accordance with its fiduciary duty.