Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 43.0052 - [Repealed] Quarterly Reports Each quarter, the State Board of Education shall provide to the School Land Board a financial report on the portion of the permanent school fund assets and funds for which the State Board of Education is responsible. The report must include:
(1) target and actual asset allocations, by asset type, based on fair market value or net asset value;(2) investment performance by asset type;(3) benchmarks and benchmark performances; and(4) costs of implementing and administering the permanent school fund liquid account under Section 51.414, Natural Resources Code, including costs associated with contracts for: (A) professional investment management;(B) investment advisory services; and(C) custodial services for the account.Tex. Educ. Code § 43.0052
Repealed by Acts 2021, Texas Acts of the 87th Leg. - Regular Session, ch. TBD,Sec. 2.10, eff. only if the State Board of Education incorporates the Texas Permanent School Fund Corporation under Subchapter B, Chapter 43, Education Code, on or before that date.Added by Acts 2019, Texas Acts of the 86th Leg.- Regular Session, ch. 493,Sec. 1, eff. 9/1/2019.