Texas § GV.815.321 - TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES

Full text of Texas The Texas Constitution § GV.815.321 — TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES, with citation guidance and answers to common questions.

§ GV.815.321. TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES

TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES. (a) When a member dies who selected or was eligible to select a death benefit plan, or whose beneficiary is eligible to receive an annuity under Section 814.302 (b) or 814.304 , the retirement system shall transfer: (1) from the employees saving account to the retirement annuity reserve account, an amount equal to the member's accumulated contributions; and (2) from the state accumulation account to the retirement annuity reserve account, an amount equal to the difference between the total reserve, at present worth reserve value, of the death benefit annuity and the amount credited to the member's individual account as of the day of the member's death. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1985, 69th Leg., ch. 91, Sec. 16, eff. Sept. 1, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 25.317 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.

Source: official Texas text · Last verified 2026-08-27

Frequently Asked Questions About Texas § GV.815.321

What does The Texas Constitution § GV.815.321 cover?

Section GV.815.321 ("TRANSFER OF ASSETS FOR DEATH BENEFIT ANNUITIES") 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 § GV.815.321?

A common citation format is "The Texas Constitution § GV.815.321" (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 § GV.815.321 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.