Tex. Government Code § 825.305: AVAILABLE CASH.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 8. PUBLIC RETIREMENT SYSTEMS
- SUBTITLE C. TEACHER RETIREMENT SYSTEM OF TEXAS
- CHAPTER 825. ADMINISTRATION
- SUBCHAPTER D. MANAGEMENT OF ASSETS
The board of trustees may keep on deposit with the comptroller available cash not exceeding 10 percent of the total assets of the retirement system, to pay annuity and other disbursements.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 35.302 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1997, 75th Leg., ch. 1423, Sec. 8.53, eff. Sept. 1, 1997.
Collected 2026-08-27T01:47:16Z. Source file · JSON