Sec. 3.01. ADMINISTRATION. There is hereby created a police retirement board of the police retirement system, in which is hereby invested the general administration, management, and responsibility for the proper and effective operation of the police retirement system. The board shall be organized immediately after its members have qualified and taken the oath of office. All members of the board on January 1, 1991, shall become members of the board on the effective date of this Act and continue to serve for the remainder of the terms of office in effect on the day prior to the effective date of this Act.
Structure Texas Statutes
Article 6243n-1. Police Officers Retirement System in Municipalities of 460,000 to 500,000
Section 3.02. Composition of Board; Trustee Qualifications
Section 3.03. Police Officer and Retired Members of Board
Section 3.04. Oath; Compensation
Section 3.05. Chair; Vice-Chair
Section 3.06. Rules; Quorum; Removal
Section 3.08. Administration of Police Retirement System
Section 3.091. Process for Experience Studies and Changes to Actuarial Assumptions
Section 3.10. Investment Managers
Section 3.11. Investment Consultant
Section 3.13. Reimbursement of Legal Expenses of Board Member or Employee of System
Section 3.14. Confidentiality of Information About Members, Retirees, Annuitants, or Beneficiaries