Tex. Gov't Code Section 836.006
Diversion of Money Prohibited

Except as provided by Section 840.305 (Establishment of Fund and Accounts)(c), no part of the money contributed to the retirement system under Section 840.102 (Collection of Certain Member Contributions) and no part of the contribution described by Section 840.103 (Collection of State Contributions)(b)(2) may be used for or diverted to any purpose other than the exclusive benefit of members, their beneficiaries, and annuitants of the retirement system.
Added by Acts 1985, 69th Leg., ch. 602, Sec. 1, Sept. 1, 1985. Renumbered from Vernon’s Ann.Civ.St. Title 110B, Sec. 71.006 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.
Amended by:
Acts 2019, 86th Leg., R.S., Ch. 606 (S.B. 891), Sec. 4.02, eff. September 1, 2019.

Source: Section 836.006 — Diversion of Money Prohibited, https://statutes.­capitol.­texas.­gov/Docs/GV/htm/GV.­836.­htm#836.­006 (accessed Jun. 5, 2024).

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Accessed:
Jun. 5, 2024

§ 836.006’s source at texas​.gov