Texas § OC.1101.604 - MANAGEMENT OF TRUST ACCOUNT

Full text of Texas The Texas Constitution § OC.1101.604 — MANAGEMENT OF TRUST ACCOUNT, with citation guidance and answers to common questions.

§ OC.1101.604. MANAGEMENT OF TRUST ACCOUNT

MANAGEMENT OF TRUST ACCOUNT. (a) The commission shall hold money credited to the trust account in trust to carry out the purpose of the trust account. (b) Money credited to the trust account may be invested in the same manner as money of the Employees Retirement System of Texas, except that an investment may not be made that would impair the liquidity necessary to make payments from the trust account as required by this subchapter. (c) Interest from the investments shall be deposited to the credit of the trust account. (d) Repealed by Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577 ), Sec. 28(6), eff. January 1, 2024. Added by Acts 2001, 77th Leg., ch. 1421, Sec. 2, eff. June 1, 2003. Amended by: Acts 2023, 88th Leg., R.S., Ch. 94 (S.B. 1577 ), Sec. 28(6), eff. January 1, 2024.

Source: official Texas text · Last verified 2026-08-27

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Frequently Asked Questions About Texas § OC.1101.604

What does The Texas Constitution § OC.1101.604 cover?

Section OC.1101.604 ("MANAGEMENT OF TRUST 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 § OC.1101.604?

A common citation format is "The Texas Constitution § OC.1101.604" (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 § OC.1101.604 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.