
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: |
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| Origin Date: 1939 |
| Issue Date: |
| Revised Date: 2022-08-09 |
To hold in trust cash or securities equal to the largest risk assumed on any one life or person by mutual assessment companies; these deposits are to be liable for the payment of all judgments against such organizations.
| Classification | Group 08: Trust Funds [?] |
|---|---|
| Depository Interest | Credited to General Revenue Fund (0001) |
| Disposition of Balance | Accumulative |
| Appropriation Technique | Not appropriated for state expenditure. |
Previously administered by the Texas Department of Insurance.
To view this fund's current revenue and expenditure activity by agency or comptroller object code, visit the following links:
Fund was never used and inactivated November, 2015. Revenues are deposited to Life, Health, Accident and Casualty Insurance Companies Trust Account (0921).
| USAS Title | MUTUAL ASSESSMT INS CO TR ACCT |
|---|---|
| Consolidated Fund | |
| State Fund Group | 08 - TRUST FUNDS |
| USAS Status | I |