{"data":{"id":"us-tx/tex.-government-code-2257.083","jurisdiction":"us-tx","citation":"Tex. Government Code § 2257.083","heading":"INVESTMENT; SELECTION OF DEPOSITORY.","body":"This chapter does not:\n(1) prohibit an exempt institution from prudently investing in a certificate of deposit; or\n(2) restrict the selection of a depository by the governing body of an exempt institution in accordance with its fiduciary duty.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.","path":["GOVERNMENT CODE","TITLE 10. GENERAL GOVERNMENT","SUBTITLE F. STATE AND LOCAL CONTRACTS AND FUND MANAGEMENT","CHAPTER 2257. COLLATERAL FOR PUBLIC FUNDS","SUBCHAPTER E. EXEMPT INSTITUTIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2257.htm#2257.083","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"dc3d0c91f091fa1685064e69e9af78a86219a3551bb64dfe813d90e2bae397b9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-2257.082","next":"us-tx/tex.-government-code-2257.101"},"notice":"GroundRules: Original legal text. Not legal advice."}