Government Code §802.201

In force on Mar 10, 2016 · this text took effect Sep 01, 1989 · same as today's text

ASSETS IN TRUST

The governing body of a public retirement system shall hold or cause to be held in trust the assets appropriated or dedicated to the system, for the benefit of the members and retirees of the system and their beneficiaries.

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. 12.201 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Source: the Legislature's file server, seen May 13, 2019 to Nov 08, 2026.

Every version on file

Effective Sep 01, 1989 · seen May 2019–Nov 2026

Attorney General opinions that cite it

KP-0112 (Mar 10, 2016): Whether the State is required to assume liability when a local retirement system created pursuant to title 109 of the Texas Civil Statutes is unable to meet its financial obligations

A research copy. The official text is the Legislature's (statutes), the Secretary of State's (Texas Administrative Code) or eCFR's (federal rules). Not legal advice.