Sec. 825.315. PROHIBITED USE OF ASSETS. (a) Assets of the retirement system may not be used to advocate or influence the outcome of an election or the passage or defeat of any legislative measure. This prohibition may not be construed to prevent any trustee or employee from furnishing information in the hands of the trustee or employee that is not considered confidential under law to a member or committee of the legislature, to any other state officer or employee, or to any private citizen, at the request of the person or entity to whom the information is furnished. This prohibition does not apply to the incidental use of retirement system facilities by groups of members or retirees or by officers or employees of state agencies.
(b) This section does not prohibit the use of system assets by an employee of the retirement system to comment on federal laws, regulations, or other official actions or proposed actions affecting or potentially affecting the retirement system that are made in accordance with policies adopted by the board.
Added by Acts 1995, 74th Leg., ch. 555, Sec. 46, eff. Sept. 1, 1995.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 455 (S.B. 1667), Sec. 17, eff. September 1, 2011.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle C - Teacher Retirement System of Texas
Subchapter D. Management of Assets
Section 825.301. Investment of Assets
Section 825.3011. Certain Consultations Concerning Investments
Section 825.3012. Investment in Certain Hedge Funds Limited
Section 825.302. Custody and Investment of Assets Pending Transactions
Section 825.3021. Appraisal and Sale of Real Property
Section 825.303. Securities Custody and Securities Lending
Section 825.304. Nominee to Hold Securities
Section 825.305. Available Cash
Section 825.306. Crediting System Assets
Section 825.307. Member Savings Account
Section 825.308. State Contribution Account
Section 825.309. Retired Reserve Account
Section 825.311. Interest Account
Section 825.312. Expense Account
Section 825.3121. Deferred Retirement Option Account
Section 825.313. Transfers From Interest Account