Texas § GV.845.309 - INCOME FUND
Full text of Texas The Texas Constitution § GV.845.309 — INCOME FUND, with citation guidance and answers to common questions.
§ GV.845.309. INCOME FUND
INCOME FUND. (a) The income fund shall account for the determination and allocation of net investment income or loss. (b) Net investment income or loss will be determined annually as of December 31. (c) Net investment income or loss will be allocated each year in accordance with Section 845.315 . (d) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(14), eff. January 1, 2006. (e) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(14), eff. January 1, 2006. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.309 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1997, 75th Leg., ch. 309, Sec. 24, eff. Dec. 1, 1997; Acts 2003, 78th Leg., ch. 621, Sec. 31, eff. Jan. 1, 2004. Amended by: Acts 2005, 79th Leg., Ch. 506 (H.B. 633 ), Sec. 27, eff. January 1, 2006. Acts 2005, 79th Leg., Ch. 506 (H.B. 633 ), Sec. 33(14), eff. January 1, 2006. Acts 2009, 81st Leg., R.S., Ch. 300 (H.B. 407 ), Sec. 30, eff. January 1, 2010. Acts 2009, 81st Leg., R.S., Ch. 300 (H.B. 407 ), Sec. 31, eff. January 1, 2010.
Frequently Asked Questions About Texas § GV.845.309
What does The Texas Constitution § GV.845.309 cover?
Section GV.845.309 ("INCOME FUND") 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.845.309?
A common citation format is "The Texas Constitution § GV.845.309" (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.845.309 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.