Texas Government Code 845.309 – Income Fund
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(a) The income fund shall account for the determination and allocation of net investment income or loss.
(b) Net investment income or loss will be determined annually as of December 31.
Terms Used In Texas Government Code 845.309
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) Net investment income or loss will be allocated each year in accordance with § 845.315.
(d) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(14), eff. January 1, 2006.
(e) Repealed by Acts 2005, 79th Leg., Ch. 506, Sec. 33(14), eff. January 1, 2006.