{"data":{"id":"us-tx/tex.-natural-resources-code-162.0041","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 162.0041","heading":"CUSTODY AND INVESTMENT OF ASSETS PENDING TRANSACTIONS.","body":"With the approval of the comptroller, the board, in managing the assets of the fund, pending the completion of an investment transaction, may:\n(1) select one or more commercial banks, depository trust companies, or other entities to serve as a custodian of the cash or securities of the fund; and\n(2) authorize the custodian to invest cash held under Subdivision (1) in the investments determined by the board.\nAdded by Acts 1997, 75th Leg., ch. 71, Sec. 4, eff. May 9, 1997.","path":["NATURAL RESOURCES CODE","TITLE 7. RESOURCES PROGRAMS","CHAPTER 162. VETERANS' HOUSING ASSISTANCE PROGRAM","SUBCHAPTER A. GENERAL PROVISIONS"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.162.htm#162.0041","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"712705ecdbcaa98983c7b5d39e175d91a931e6931ce3e9ac711ae2b7581d9b45","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-162.004","next":"us-tx/tex.-natural-resources-code-162.0042"},"notice":"GroundRules: Original legal text. Not legal advice."}