Sec. 403.707. TEXAS STRATEGIC BITCOIN RESERVE ADVISORY COMMITTEE. (a) In this section, "committee" means the Texas Strategic Bitcoin Reserve advisory committee. (b) The committee is composed of the following five members: (1) the comptroller; (2) one member of the comptroller's investment advisory board established under Section 404.028 , appointed by the comptroller; and (3) three members with expertise in cryptocurrency investments, appointed by the comptroller. (c) The committee shall advise the comptroller regarding the administration and management of the reserve, including: (1) recommendations for valuing assets in the reserve; and (2) the establishment of prudent investment policies relating to the investment objectives of and asset allocation in the reserve. (d) A member of the committee is not entitled to receive compensation for service on the committee or reimbursement for expenses incurred in the performance of official duties as a member of the committee. (e) Members of the committee appointed by the comptroller serve at the will of the comptroller. (f) Chapter 2110 does not apply to the committee.
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