Sec. 845.314. INTEREST RATES. Unless this subtitle expressly states another specified rate of interest, for periods beginning after December 31, 1996, the annual rate of interest is seven percent.
Acts 1981, 67th Leg., p. 1876, ch. 453, Sec. 1, eff. Sept. 1, 1981. Amended by Acts 1981, 67th Leg., 1st C.S., p. 217, ch. 18, Sec. 61, eff. Nov. 10, 1981; Acts 1985, 69th Leg., ch. 491, Sec. 26, 27, eff. June 12, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 55.313 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1991, 72nd Leg., ch. 460, Sec. 26, eff. Jan. 1, 1992; Acts 1995, 74th Leg., ch. 245, Sec. 37, eff. Sept. 1, 1995; Acts 1997, 75th Leg., ch. 309, Sec. 28, eff. Dec. 1, 1997.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 873 (H.B. 1587), Sec. 80, eff. January 1, 2008.
Structure Texas Statutes
Title 8 - Public Retirement Systems
Subtitle F - Texas County and District Retirement System
Subchapter D. Management of Assets
Section 845.301. Investment of Assets
Section 845.302. Custody and Investment of Assets Pending Transactions
Section 845.303. Securities Lending
Section 845.305. Crediting System Assets
Section 845.306. Employees Saving Fund
Section 845.307. Subdivision Accumulation Fund
Section 845.308. Closed Subdivision Annuity Reserve Fund
Section 845.310. Endowment Fund
Section 845.312. Optional Group Term Life Fund
Section 845.313. Disbursements
Section 845.314. Interest Rates
Section 845.315. Annual Allocation of Net Investment Income or Loss
Section 845.316. Transfer of Assets on Retirement
Section 845.317. Payment to Formerly Participating Subdivision