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A BILL TO BE ENTITLED
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AN ACT
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relating to hiring outside legal counsel to provide legal services |
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to the Teacher Retirement System of Texas. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 825.203, Government Code, is amended to |
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read as follows: |
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Sec. 825.203. LEGAL REPRESENTATION [ADVISER]. (a) The |
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attorney general of the state is the legal adviser of the board of |
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trustees. The attorney general shall represent the board in all |
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litigation. |
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(b) The board may not employ outside legal counsel to |
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provide legal services to the retirement system except as provided |
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by Section 402.0212, regardless of the source of funds to be used to |
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pay the outside counsel. For purposes of this subsection, "legal |
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services" includes services provided by an attorney regarding |
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ethics and fiduciary responsibilities. |
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SECTION 2. Section 825.203(b), Government Code, as added by |
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this Act, is intended to clarify rather than change existing law. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2009. |