Texas Statutes

§ 845.308 — CLOSED SUBDIVISION ANNUITY RESERVE FUND.

Texas § 845.308
JurisdictionTexas
Code GVGovernment Code

This text of Texas § 845.308 (CLOSED SUBDIVISION ANNUITY RESERVE FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tex. Government Code Code Ann. § 845.308 (2026).

Text

Sec. 845.308. CLOSED SUBDIVISION ANNUITY RESERVE FUND.

(a)The retirement system shall deposit and hold in the closed subdivision annuity reserve fund all reserves for annuities payable to annuitants who were members of subdivisions that terminated participation with the retirement system under Subchapter A-1 , Chapter 842 .
(b)The retirement system shall pay from the closed subdivision annuity reserve fund annuities described by Subsection (a) and all benefits in lieu of those annuities as provided by this subtitle.

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Legislative History

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.308 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by: Acts 2015, 84th Leg., R.S., Ch. 303 (S.B. 463 ), Sec. 7, eff. June 1, 2015.

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Bluebook (online)
Texas § 845.308, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/845.308.