Texas § GV.845.310 - ENDOWMENT FUND
Full text of Texas The Texas Constitution § GV.845.310 — ENDOWMENT FUND, with citation guidance and answers to common questions.
§ GV.845.310. ENDOWMENT FUND
ENDOWMENT FUND. (a) The endowment fund consists of the general reserves account and other accounts as necessary. (b) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(15), eff. January 1, 2006. (c) The retirement system shall credit or charge to the general reserves account amounts allocated to the endowment fund in accordance with Section 845.315 . (c-1) As of December 31, the board of trustees shall provide from the general reserves account the amount needed to pay the retirement system's estimated operating expenses for the next fiscal year. (d) The board of trustees may allocate any amount in the endowment fund to any other account or fund in the pension trust. (e) Any allocation of reserves to an account of a subdivision to which Section 842.052 , 842.053 , or 845.317 applies must be specifically authorized by board resolution. (f) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(15), eff.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. 55.310 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., ch. 460, Sec. 23, eff. Aug. 26, 1991; Acts 1995, 74th Leg., ch. 245, Sec. 36, eff. Sept. 1, 1995; Acts 1997, 75th Leg., ch. 309, Sec. 25, eff. Dec. 1, 1997; Acts 1999, 76th Leg., ch. 427, Sec. 53, eff. Dec. 31, 1999; Acts 2001, 77th Leg., ch. 122, Sec. 48, eff. Dec. 31, 2001. Amended by: Acts 2005, 79th Leg., Ch. 506 (H.B. 633 ), Sec. 28, eff. January 1, 2006. Acts 2005, 79th Leg., Ch. 506 (H.B. 633 ), Sec. 33(15), eff. January 1, 2006.
Frequently Asked Questions About Texas § GV.845.310
What does The Texas Constitution § GV.845.310 cover?
Section GV.845.310 ("ENDOWMENT 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.845.310?
A common citation format is "The Texas Constitution § GV.845.310" (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.845.310 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.