Texas § GV.855.601 - STATEMENT OF AMOUNT IN ACCOUNT
Full text of Texas The Texas Constitution § GV.855.601 — STATEMENT OF AMOUNT IN ACCOUNT, with citation guidance and answers to common questions.
§ GV.855.601. STATEMENT OF AMOUNT IN ACCOUNT
STATEMENT OF AMOUNT IN ACCOUNT. (a) As soon as possible after the end of each calendar year, the board of trustees shall send to the governing body of each municipality and to each requesting member an annual statement that contains: (1) a balance sheet showing the financial and actuarial condition of the retirement system on December 31 of that year; (2) a statement showing the receipts and disbursements made during the calendar year; (3) a statement showing changes in the asset, liability, reserve, and surplus accounts during the calendar year; and (4) additional statistics necessary for proper interpretation of the condition of the retirement system. (b) The board of trustees shall furnish to a member, on written request, a statement of the amount credited to the member's individual account. During a calendar year, the board is not required to furnish to a member more than one statement requested under this subsection. Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 65.601 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.855.601
What does The Texas Constitution § GV.855.601 cover?
Section GV.855.601 ("STATEMENT OF AMOUNT IN ACCOUNT") 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.855.601?
A common citation format is "The Texas Constitution § GV.855.601" (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.855.601 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.