34 Tex. Admin. Code § 6.2 - Applicability

(a) This subchapter applies in connection with the management or investment of any state funds managed or invested by the comptroller under the Texas Constitution or other law, including Government Code, Chapters 404 and 2256, without regard to whether the funds are held in the state treasury.

(b) This subchapter applies to financial advisors or service providers who are not employees of the comptroller, who provide financial services to, or advise the comptroller in connection with the management or investment of state funds, and who:

(1) may reasonably be expected to receive, directly or indirectly, more than $10,000 in compensation from the comptroller during a fiscal year; or

(2) render important investment or funds management advice to the comptroller.

(c) The standards adopted in this subchapter are intended to identify professional and ethical standards by which all financial advisors or service providers must abide in addition to the professional and ethical standards that may already be imposed on financial advisors or service providers under any contracts or service agreements with the comptroller.

Notes

34 Tex. Admin. Code § 6.2

The provisions of this §6.2 adopted to be effective February 3, 2004, 29 TexReg 1014