| 1 | 1 | | 81R4661 KFF-D |
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| 2 | 2 | | By: Kolkhorst H.B. No. 1259 |
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| 3 | 3 | | |
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| 4 | 4 | | |
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| 5 | 5 | | A BILL TO BE ENTITLED |
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| 6 | 6 | | AN ACT |
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| 7 | 7 | | relating to hiring outside legal counsel to provide legal services |
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| 8 | 8 | | to the Teacher Retirement System of Texas. |
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| 9 | 9 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 10 | 10 | | SECTION 1. Section 825.203, Government Code, is amended to |
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| 11 | 11 | | read as follows: |
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| 12 | 12 | | Sec. 825.203. LEGAL REPRESENTATION [ADVISER]. (a) The |
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| 13 | 13 | | attorney general of the state is the legal adviser of the board of |
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| 14 | 14 | | trustees. The attorney general shall represent the board in all |
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| 15 | 15 | | litigation. |
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| 16 | 16 | | (b) The board may not employ outside legal counsel to |
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| 17 | 17 | | provide legal services to the retirement system except as provided |
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| 18 | 18 | | by Section 402.0212, regardless of the source of funds to be used to |
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| 19 | 19 | | pay the outside counsel. For purposes of this subsection, "legal |
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| 20 | 20 | | services" includes services provided by an attorney regarding |
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| 21 | 21 | | ethics and fiduciary responsibilities. |
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| 22 | 22 | | SECTION 2. Section 825.203(b), Government Code, as added by |
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| 23 | 23 | | this Act, is intended to clarify rather than change existing law. |
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| 24 | 24 | | SECTION 3. This Act takes effect immediately if it receives |
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| 25 | 25 | | a vote of two-thirds of all the members elected to each house, as |
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| 26 | 26 | | provided by Section 39, Article III, Texas Constitution. If this |
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| 27 | 27 | | Act does not receive the vote necessary for immediate effect, this |
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| 28 | 28 | | Act takes effect September 1, 2009. |
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