State of Texas – Fiscal Management

Manual of Accounts

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Fund 0923 – Insurance Companies Unclaimed Dividend Trust Account

 

Legal Citations:
Origin Date: 1939
Issue Date:
Revised Date: 2015-06-16

Purpose

To hold until paid, or escheated to the Board of Insurance Commissioners, unclaimed dividends remaining in a receiver's hands after payment of the final dividend of an insurer in liquidation.

Classification Group 08: Trust Funds [?]
Depository Interest Retained in appropriated fund.
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

442.601 recodified from V.T.I.C. Art. 21.28, 8(h) by H.B. 2017, 79th Leg., R.S. Repealed by H.B. 2636 and H.B. 3167, 80th Leg., R.S.

443.304 originally added as 21A.304 by H.B. 2157, and recodified under Ch. 443 by H.B. 2636 and H.B. 3167, 80th Leg., R.S.

USAS Values

USAS Title INS COMP UNCLAIMED DIV TR ACCT
Consolidated Fund
State Fund Group 08 - TRUST FUNDS
USAS Status A
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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