Tex. Gov't Code § 845.502

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 845.502 - Interest in Assets

A particular person or subdivision has no right in a specific security or in an item of cash other than an undivided interest in the assets of the retirement system.

Tex. Gov't. Code § 845.502

Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. 9/1/1981. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.502 by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. 9/1/1989.