{"data":{"id":"us-tx/tex.-government-code-404.114","jurisdiction":"us-tx","citation":"Tex. Government Code § 404.114","heading":"INVESTMENT MANAGEMENT.","body":"(a) The comptroller may delegate investment authority and may contract with private professional investment managers to manage or assist in managing assets held by the trust company.\n(b) The comptroller may delegate a power or duty relating to the investment of assets held by the trust company to an employee or agent of the comptroller, including professional investment managers.\nAdded by Acts 2001, 77th Leg., ch. 1158, Sec. 27, eff. June 15, 2001.","path":["GOVERNMENT CODE","TITLE 4. EXECUTIVE BRANCH","SUBTITLE A. EXECUTIVE OFFICERS","CHAPTER 404. STATE TREASURY OPERATIONS OF COMPTROLLER","SUBCHAPTER G. TEXAS TREASURY SAFEKEEPING TRUST COMPANY"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.404.htm#404.114","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"7da154a0286ae124e18a401dd49ea9e6fafe19a64aab50ab88eeb5862256a053","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-404.107","next":"us-tx/tex.-government-code-404.115"},"notice":"GroundRules: Original legal text. Not legal advice."}