Gavvy: Ins. Code, Sec. 1551.407. Management of Assets.

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Sec. 1551.407. Management of Assets.

Sec. 1551.407. MANAGEMENT OF ASSETS. The board of trustees may commingle for investment purposes the assets of a fund created under this chapter with another fund created under this chapter or any other trust fund administered by the board if the board maintains and credits proportionate ownership records.

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.

Gavvy last updated this database on: Sep 6, 2024