Government Code § 815.308
The board of trustees must keep enough cash on hand to pay annual retirement system payments, and the cash on hand may not exceed 10% of the relevant funds on deposit with the comptroller.
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
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cash management reserve requirements
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Government Code § 815.308
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