Sec. 2257.083. INVESTMENT; SELECTION OF DEPOSITORY. This chapter does not:
(1) prohibit an exempt institution from prudently investing in a certificate of deposit; or
(2) restrict the selection of a depository by the governing body of an exempt institution in accordance with its fiduciary duty.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
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