Texas § IN.1501.319 - DETERMINATION OF NET LOSS
Full text of Texas The Texas Constitution § IN.1501.319 — DETERMINATION OF NET LOSS, with citation guidance and answers to common questions.
§ IN.1501.319. DETERMINATION OF NET LOSS
DETERMINATION OF NET LOSS. (a) Not later than March 1 of each year, the board shall determine the system's net loss for the preceding calendar year, including administrative expenses and incurred losses for the year, and report the net loss to the commissioner. (b) In determining the net loss, the board shall take into account investment income and other appropriate gains and losses. Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § IN.1501.319
What does The Texas Constitution § IN.1501.319 cover?
Section IN.1501.319 ("DETERMINATION OF NET LOSS") 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 § IN.1501.319?
A common citation format is "The Texas Constitution § IN.1501.319" (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 § IN.1501.319 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.