Tex. Education Code § 51.0032
This is the official text of Tex. Education Code § 51.0032, part of Texas’s Education Code — governs public schools and universities in Texas.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
§ 51.0032. INVESTMENT REPORTS AND POLICIES.
Official statutory text
(a) A governing board shall adopt by rule or resolution a written investment policy for the investment of its institutional funds.
(b) Not less than quarterly, an institution of higher education shall prepare and submit to the governing board of the institution a written report of the institution's institutional funds investment transactions for the preceding reporting period.
(c) In addition to other information that may be required by the governing board, the report must contain:
(1) a summary statement of each pooled fund group that states the beginning market value for the reporting period, additions and changes to the market value during the period, and the ending market value for the period; and
(2) the book value and market value of each separately invested asset at the beginning and end of the reporting period by type of asset and fund type invested.
(d) In this section:
(1) "Governing board" means a governing board described in Section 51.0031(c).
(2) "Institution of higher education" means an institution of higher education under the governance of a governing board to which this section applies.
(3) "Pooled fund group" means an internally created fund of an institution of higher education in which one or more institutional accounts are invested.
(4) "Separately invested asset" means an account of an institution of higher education that is not invested in a pooled fund group.
(b) Not less than quarterly, an institution of higher education shall prepare and submit to the governing board of the institution a written report of the institution's institutional funds investment transactions for the preceding reporting period.
(c) In addition to other information that may be required by the governing board, the report must contain:
(1) a summary statement of each pooled fund group that states the beginning market value for the reporting period, additions and changes to the market value during the period, and the ending market value for the period; and
(2) the book value and market value of each separately invested asset at the beginning and end of the reporting period by type of asset and fund type invested.
(d) In this section:
(1) "Governing board" means a governing board described in Section 51.0031(c).
(2) "Institution of higher education" means an institution of higher education under the governance of a governing board to which this section applies.
(3) "Pooled fund group" means an internally created fund of an institution of higher education in which one or more institutional accounts are invested.
(4) "Separately invested asset" means an account of an institution of higher education that is not invested in a pooled fund group.
Status: in_force · Read it on the official government site
Need a lawyer in Texas?
Find a Texas lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.