81R4661 KFF-D
By: Kolkhorst H.B. No. 1259
A BILL TO BE ENTITLED
AN ACT
relating to hiring outside legal counsel to provide legal services
to the Teacher Retirement System of Texas.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 825.203, Government Code, is amended to
read as follows:
Sec. 825.203. LEGAL REPRESENTATION [ADVISER]. (a) The
attorney general of the state is the legal adviser of the board of
trustees. The attorney general shall represent the board in all
litigation.
(b) The board may not employ outside legal counsel to
provide legal services to the retirement system except as provided
by Section 402.0212, regardless of the source of funds to be used to
pay the outside counsel. For purposes of this subsection, "legal
services" includes services provided by an attorney regarding
ethics and fiduciary responsibilities.
SECTION 2. Section 825.203(b), Government Code, as added by
this Act, is intended to clarify rather than change existing law.
SECTION 3. This Act takes effect immediately if it receives
a vote of two-thirds of all the members elected to each house, as
provided by Section 39, Article III, Texas Constitution. If this
Act does not receive the vote necessary for immediate effect, this
Act takes effect September 1, 2009.