https://texaslegalguide.com/index.php?action=history&feed=atom&title=Texas_Constitution%3AArticle_VII%2C_Section_11b 2026-06-23T10:00:53Z Revision history for this page on the wiki MediaWiki 1.44.5 https://texaslegalguide.com/index.php?title=Texas_Constitution:Article_VII,_Section_11b&diff=1444&oldid=prev 2020-09-10T20:59:32Z

<p>2 revisions imported: transfer to 1.34.1</p> <p><b>New page</b></p><div>{{DISPLAYTITLE:Article VII, Section 11b of the Texas Constitution}}{{Template:Texas Constitution|text=As amended November 2, 1999:<br /> <br /> &#039;&#039;&#039;Notwithstanding any other provision of this constitution, in managing the assets of the permanent university fund, the Board of Regents of The University of Texas System may acquire, exchange, sell, supervise, manage, or retain, through procedures and subject to restrictions it establishes and in amounts it considers appropriate, any kind of investment, including investments in the Texas growth fund created by Article XVI, Section [[Texas Constitution:Article XVI, Section 70|70]], of this constitution, that prudent investors, exercising reasonable care, skill, and caution, would acquire or retain in light of the purposes, terms, distribution requirements, and other circumstances of the fund then prevailing, taking into consideration the investment of all the assets of the fund rather than a single investment.&#039;&#039;&#039;<br /> <br /> |editor=<br /> <br /> This section was added in 1988. It has been amended twice. The most recent amendment broadened the risk standard that governs the investment of Permanent University Fund assets.<br /> <br /> |other=<br /> <br /> None.<br /> <br /> |recent=<br /> <br /> None.<br /> <br /> |historic=<br /> <br /> None.<br /> <br /> }}<br /> <br /> [[Category:Education Law]]<br /> [[Category:TxCon ArtVII Sec]]</div>

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