{"data":{"id":"us-tx/tex.-education-code-66.06","jurisdiction":"us-tx","citation":"Tex. Education Code § 66.06","heading":"WRITTEN OBJECTIVES; PERFORMANCE EVALUATION.","body":"(a) The board of regents of The University of Texas System shall develop written investment objectives concerning the investment of the permanent university fund. The objectives may address desired rates of return, risks involved, investment time frames, and any other relevant considerations.\n(b) The board of regents shall evaluate and analyze the investment results of the permanent university fund. The service shall compare investment results with the written investment objectives developed by the board of regents, and shall also compare the investment of the permanent university fund with the investment of other funds operating with substantially the same objectives and restrictions.\nAdded by Acts 1983, 68th Leg., p. 5097, ch. 925, Sec. 2, eff. Aug. 29, 1983. Amended by Acts 1995, 74th Leg., ch. 823, Sec. 9, eff. Aug. 28, 1995.","path":["EDUCATION CODE","TITLE 3. HIGHER EDUCATION","SUBTITLE C. THE UNIVERSITY OF TEXAS SYSTEM","CHAPTER 66. PERMANENT UNIVERSITY FUND","SUBCHAPTER A. COMPOSITION, INVESTMENT, AND USE"],"source_url":"https://statutes.capitol.texas.gov/Docs/ED/htm/ED.66.htm#66.06","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:05Z","sha256":"b64ebe37d4f9b3ab994ca164359afd92a1b814bfdc1684d48a91afe9bd242453","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-education-code-66.05","next":"us-tx/tex.-education-code-66.07"},"notice":"GroundRules: Original legal text. Not legal advice."}