Sec. 825.003. TRUSTEES APPOINTED BY GOVERNOR FROM NOMINEES OF BOARD OF EDUCATION. The governor shall appoint two members of the board of trustees, subject to confirmation by two-thirds of the senate, from lists of nominees submitted by the State Board of Education. These members must be persons who have demonstrated financial expertise, have worked in private business or industry, and have broad investment experience, preferably in investment of pension funds.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 35.003 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1995, 74th Leg., ch. 555, Sec. 31, eff. Sept. 1, 1995.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter A. Board of Trustees
Section 825.001. Composition of Board of Trustees
Section 825.002. Trustees Appointed by Governor
Section 825.003. Trustees Appointed by Governor From Nominees of Board of Education
Section 825.0031. Nondiscrimination in Appointments
Section 825.0032. Ineligibility for Board and of Certain Employees
Section 825.004. Terms of Office; Filling Vacancies
Section 825.0041. Board Member Training
Section 825.005. Oath of Office
Section 825.006. Sunset Provision
Section 825.007. Compensation; Expenses