Legal Opinion

Opinion No.

Texas Attorney General Reports

Decided November 13, 1998Published

1Opinion of the Court

Ms. Catherine A. Ghiglieri Commissioner Texas Department of Banking 2601 North Lamar Boulevard Austin, Texas 78705-4294

Re: Whether Government Code chapter 2256, the Public Funds Investment Act, applies to various funds administered by the Department of Banking (RQ-1105)

Dear Commissioner Ghiglieri:

The governing body of a state agency may, under Government Code section 2256.003(2), invest its public funds as chapter 2256, subchapter A permits. You ask how the term public funds is defined for purposes of the Public Funds Investment Act ("act"), Government Code chapter 2256,1 and whether the…

2Cases cited12 opinions

  1. Tri-City Fresh Water Supply District No. 2 v. MannTexas Supreme Court · 1940
  2. Lower Colorado River Authority v. Chemical Bank & Trust Co.Texas Supreme Court · 1945
  3. Sebastian County Chapter of the American Red Cross v. WeatherfordSupreme Court of Arkansas · 1993
  4. Harris County Water Control & Improvement District No. 58 v. City of HoustonCourt of Appeals of Texas · 1962
  5. Navajo Tribe v. Arizona Department of AdministrationArizona Supreme Court · 1974

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