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: | |
|---|---|
| Revised Date: | 2015-12-01 |
Legal Cites
- Government Code sec. 2256.055
Origin:
1976
Purpose
To hold in trust securities purchased by the state. Securities may be of the following classes: direct obligations of United States, United States Treasury securities, or direct obligations or participation certificates guaranteed by a farm credit bank, Federal National Mortgage Association, Federal Home Loan Banks, and banks for cooperatives, certificates of deposit secured by the United States, or other securities eligible for investment by other law or the Constitution.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Administering Agencies
Note
Amounts are deposited outside the state treasury with financial institutions or the Texas Safekeeping Trust Company. Fund inactivated December 2015.
USAS Values
| USAS Title | AGENCY/BD DEPOSIT GUAR TR ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |