Texas § ED.54.777 - INFORMATION REQUIRED FOR ANNUAL REPORT
Full text of Texas The Texas Constitution § ED.54.777 — INFORMATION REQUIRED FOR ANNUAL REPORT, with citation guidance and answers to common questions.
§ ED.54.777. INFORMATION REQUIRED FOR ANNUAL REPORT
INFORMATION REQUIRED FOR ANNUAL REPORT. (a) The board shall maintain the following information for the purpose of inclusion in the annual report under Section 54.642 : (1) the fiscal transactions of the board and the plan manager under this subchapter during the preceding fiscal year; (2) the market and book value of the fund as of the end of the preceding fiscal year; (3) the asset allocations of the fund expressed in percentages of stocks, fixed income, cash, or other financial investments; (4) the rate of return on the investment of the fund's assets during the preceding fiscal year; and (5) an actuarial valuation of the assets and liabilities of the program, including the extent to which the program's liabilities are unfunded. (b) Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1312, Sec. 99(4), eff. September 1, 2013. (c) Repealed by Acts 2013, 83rd Leg., R.S., Ch. 1312, Sec. 99(4), eff. September 1, 2013. Added by Acts 2007, 80th Leg., R.S., Ch. 1281 (H.B. 3900 ), Sec. 1, eff. June 15, 2007. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 1312 (S.B. 59 ), Sec. 15, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 1312 (S.B. 59 ), Sec. 16, eff. September 1, 2013. Acts 2013, 83rd Leg., R.S., Ch. 1312 (S.B. 59 ), Sec. 99(4), eff. September 1, 2013.
Frequently Asked Questions About Texas § ED.54.777
What does The Texas Constitution § ED.54.777 cover?
Section ED.54.777 ("INFORMATION REQUIRED FOR ANNUAL REPORT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § ED.54.777?
A common citation format is "The Texas Constitution § ED.54.777" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § ED.54.777 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.