{"data":{"id":"us-tx/tex.-insurance-code-1551.406","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 1551.406","heading":"INVESTMENT OF FUNDS.","body":"(a) Under the standard of care provided by Section 815.307, Government Code, the board of trustees may manage and has full power to invest and reinvest the money in:\n(1) the employees life, accident, and health insurance and benefits fund;\n(2) the state employees cafeteria plan trust fund; and\n(3) the employees' health care stabilization trust fund.\n(b) The earnings, including interest on money in the fund and proceeds from the sale of any investments, become a part of the fund.\nAdded by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.","path":["INSURANCE CODE","TITLE 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES","SUBTITLE H. HEALTH BENEFITS AND OTHER COVERAGES FOR GOVERNMENTAL EMPLOYEES","CHAPTER 1551. TEXAS EMPLOYEES GROUP BENEFITS ACT","SUBCHAPTER I. FUNDS"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1551.htm#1551.406","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"281cab2a2e4f1e4f4bbc102c830ef34814728dc04bf8b2a0eae0fbc3464635fc","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-1551.405","next":"us-tx/tex.-insurance-code-1551.407"},"notice":"GroundRules: Original legal text. Not legal advice."}