Tex. Gov't Code § 845.310 · Subchapter D. MANAGEMENT OF ASSETS
ENDOWMENT FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The endowment fund consists of the general reserves account and other accounts as necessary.
(b) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(15), eff. January 1, 2006.
(c) The retirement system shall credit or charge to the general reserves account amounts allocated to the endowment fund in accordance with Section 845.315.
(c-1) As of December 31, the board of trustees shall provide from the general reserves account the amount needed to pay the retirement system's estimated operating expenses for the next fiscal year.
(d) The board of trustees may allocate any amount in the endowment fund to any other account or fund in the pension trust.
(e) Any allocation of reserves to an account of a subdivision to which Section 842.052, 842.053, or 845.317 applies must be specifically authorized by board resolution.
(f) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(15), eff. January 1, 2006.
Notes and commentary — not statutory text
History
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.310 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., ch. 460, Sec. 23, eff. Aug. 26, 1991; Acts 1995, 74th Leg., ch. 245, Sec. 36, eff. Sept. 1, 1995; Acts 1997, 75th Leg., ch. 309, Sec. 25, eff. Dec. 1, 1997; Acts 1999, 76th Leg., ch. 427, Sec. 53, eff. Dec. 31, 1999; Acts 2001, 77th Leg., ch. 122, Sec. 48, eff. Dec. 31, 2001.
Amended by:
Acts 2005, 79th Leg., Ch. 506 (H.B. 633), Sec. 28, eff. January 1, 2006.
Acts 2005, 79th Leg., Ch. 506 (H.B. 633), Sec. 33(15), eff. January 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/GV/htm/GV.845.htm
- Text hash
- sha256 a9b025f53aa4c7de136e4f409dcb498fe866b1edd5b43ce78aaa0f40611dfc0f
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Government Code
- Tex. Gov't Code § 842.052VOLUNTARY TERMINATION OF PARTICIPATION.Printed as Section 842.052, 842.053, or 845.317
- Tex. Gov't Code § 842.053INVOLUNTARY TERMINATION OF PARTICIPATION.Printed as Section 842.052, 842.053, or 845.317
- Tex. Gov't Code § 845.315ANNUAL ALLOCATION OF NET INVESTMENT INCOME OR LOSS.Printed as Section 845.315
- Tex. Gov't Code § 845.317PAYMENT TO FORMERLY PARTICIPATING SUBDIVISION.Printed as Section 842.052, 842.053, or 845.317
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.