Government Code § 840.304
The board of trustees must keep enough cash on hand to make yearly retirement-system payments, and the cash on hand cannot exceed 10% of the retirement system funds on deposit with the comptroller.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
cash reserves payments
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Government Code § 840.304
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