State of Texas – Fiscal Management

Manual of Accounts

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Fund 0915 – Agencies and Boards Depository Guarantee Trust Account

Inactive

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.

Legal Citations:
Origin Date: 1976
Issue Date:
Revised Date: 2015-12-01

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



Financial Activity


To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:


Notes


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
Those funds created to account for assets held by the state in a trustee capacity for individuals, private organizations or other governmental entities


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