19 TAC Chapter 33

Statement of Investment Objectives, Policies, and Guidelines of the Texas Permanent School Fund

The links below provide PDF versions of each subchapter. You may also access a PDF version of the Chapter 33 table of contents.

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Subchapter A. State Board of Education Rules

§33.1. Constitutional Authority and Constitutional Restrictions.
§33.2. Distributions to the Available School Fund.
§33.5. Code of Ethics.
§33.10. Purposes of Texas Permanent School Fund Assets and the Statement of Investment Policy.
§33.15. Objectives.
§33.20. Responsible Parties and Their Duties.
§33.21. Texas Permanent School Fund Corporation.
§33.25. Permissible and Restricted Investments and General Guidelines for Investment Managers.
§33.30. Standards of Performance.
§33.35. Guidelines for the Custodian and the Securities Lending Agent for the Texas Permanent School Fund (PSF) and the PSF Liquid Account.
§33.40. Trading and Brokerage Policy.
§33.45. Proxy Voting Policy.
§33.50. Socially and Politically Responsible Investment Policy.
§33.55. Standards for Selecting Consultants, Investment Managers, Custodians, and Other Professionals To Provide Outside Expertise for the Fund.
§33.60. Performance and Review Procedures.
§33.65. Bond Guarantee Program for School Districts.
§33.67. Bond Guarantee Program for Charter Schools.


Subchapter AA. Commissioner's Rules

§33.1001. Payments for Remittance to Charter District Bond Guarantee Reserve Fund.


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Contact Information

For questions about the process of proposing, adopting, or publishing Texas Administrative Code rules; reviewing existing rules; or petitioning for rule changes, email the Rulemaking Division at rules@tea.texas.gov.