Tex. Ins. Code § 1551.317 · Subchapter G. CONTRIBUTIONS AND COSTS
PAYMENT OF EMPLOYER CONTRIBUTIONS ALLOCATED BY THE STATE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) All money allocated by this state, including by institutions of higher education, to the board of trustees under this chapter shall be paid to the board in monthly installments based on the annual estimate by the board of the contributions to be received for all employees during the year.
(b) At the end of each fiscal year, the board of trustees shall make any adjustments required to cover the difference between:
(1) the annual estimate; and
(2) the actual amount of the employer contributions during the year.
(c) Each monthly installment shall be paid to the appropriate fund created by this chapter in the amount certified by the board of trustees.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1551.htm
- Text hash
- sha256 95cab38422af8e65b74445545f5e960b4944b52cc1e35be2223365703636d56e
- 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
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.