493 chapters · 14,703 sections in this title.
Tex. Government Code § 825.303 Securities Custody and Securities Lending
2.3K chars
Sec. 825.303. SECURITIES CUSTODY AND SECURITIES LENDING. (a) The retirement system may, in the exercise of its constitutional discretion to manage the assets of the retirement system, select one or more commercial banks, depository trust companies, or other entities to serve as c…
Tex. Government Code § 825.304 Nominee To Hold Securities
1.4K chars
Sec. 825.304. NOMINEE TO HOLD SECURITIES. (a) The assets of the retirement system may be held in the name of agents, nominees, depository trust companies, or other entities designated by the board of trustees. (b) The records and all relevant reports or accounts of the retirement…
Tex. Government Code § 825.305 Available Cash
0.5K chars
Sec. 825.305. AVAILABLE CASH. 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,…
Tex. Government Code § 825.306 Crediting System Assets
1.5K chars
Sec. 825.306. CREDITING SYSTEM ASSETS. (a) The assets of the retirement system shall be maintained and reported in a manner that reflects the source of the assets or the purpose for which the assets are held, using appropriate ledgers and subledgers, in accordance with generally …