Texas § IN.424.113 - INVESTMENT POOL RECORDS

Full text of Texas The Texas Constitution § IN.424.113 — INVESTMENT POOL RECORDS, with citation guidance and answers to common questions.

§ IN.424.113. INVESTMENT POOL RECORDS

INVESTMENT POOL RECORDS. The pool manager shall compile and maintain: (1) detailed accounting records that show: (A) the cash receipts and disbursements reflecting each pool participant's proportionate investment in the investment pool; and (B) a complete description of all the pool's underlying assets, including the amount, interest rate, and maturity date, if any, of each of those assets and other appropriate designations; and (2) other records that, on a daily basis, allow third parties to verify each participant's investment in the pool. Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017 ), Sec. 1, eff. April 1, 2007.

Frequently Asked Questions About Texas § IN.424.113

What does The Texas Constitution § IN.424.113 cover?

Section IN.424.113 ("INVESTMENT POOL RECORDS") 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.424.113?

A common citation format is "The Texas Constitution § IN.424.113" (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.424.113 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.