Tex. Gov't Code § 855.310

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 855.310 - Interest Fund

(a) The amount in the interest fund must accurately reflect the determination and allocation of net investment income or loss.

(b) The retirement system shall determine net investment income or loss annually as of December 31 in accordance with generally accepted accounting principles and shall allocate that amount each year in accordance with Section 855.317.

Tex. Gov't. Code § 855.310

Amended By Acts 2009, 81st Leg., R.S., Ch. 154, Sec. 6, eff. 5/26/2009.

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. 9/1/1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.310 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. 9/1/1989.