This fund is inactive. Please see the notes section for further information regarding the inactive status. Recently inactivated funds may remain active in USAS for a period of time to complete outstanding transactions or for other accounting purposes.

Issue Date: 2001-09-01
Revised Date: 2019-09-01

Legal Cites

  • Vernon's Civil Statutes art. 6228a-5 sec. 7

Origin:

2001 by S.B. 273, 77th Leg., R.S.

Purpose

The retirement system may collect a fee not to exceed administrative costs to the system or $5,000 from a company that certifies to the system certain financial strength criteria in order to offer qualified investment products for a 403b program.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
Disposition of Balance Accumulative
Appropriation Technique Not appropriated for state expenditure.

Note

Repealed by H.B. 2820, 86th Leg., R.S.

USAS Values

USAS Title 403B ADMINISTRATIVE TRUST FUND, TRS
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status I
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities