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Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided March 21, 1980Published

1Opinion of the Court

Honorable Leonard Prewitt Teacher Retirement System of Texas 1001 Trinity Street Austin Texas 78701

Re: Authority of the Teacher Retirement System to invest in real estate or mortgage certificates secured by real property.

Dear Mr. Prewitt:

You have requested our opinion regarding the authority of the Teacher Retirement System to invest in real estate or mortgage certificates secured by real property.

The Teacher Retirement System is a constitutionally recognized agency whose duty it is(b) . . . to provide benefits for persons employed in the public schools, colleges, and universities supported…

2Cases cited9 opinions

  1. Kadane v. ClarkTexas Supreme Court · 1940
  2. Polikoff v. LevyAppellate Court of Illinois · 1965
  3. Kadane v. ClarkCourt of Appeals of Texas · 1939
  4. Florida Realty, Inc. v. KirkpatrickSupreme Court of Missouri · 1974
  5. Huckabee v. HansenCourt of Appeals of Texas · 1967

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