Policies
Chapter 36 of the Texas Water Code requires a code of ethics for District directors, officers, employees, and persons who are engaged in handling investments for the District.
Chapter 36 of the Texas Water Code requires that groundwater conservation districts adopt a policy relating to District investments that ensures that purchases and sales of investments are initiated by authorized individuals, conform to investment objectives and regulations, and are properly documented and approved; and that periodic review is made of District investments to evaluate investment performance and security. This policy shall govern the investment of all funds of the District as entrusted to the Board and other authorized representatives in accordance with Chapter 2256, Texas Government Code.