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Texas Government Code - GOV'T § 820.001. Definition

Current as of January 01, 2024 | Updated by Findlaw Staff

In this chapter, "accumulated account balance" means the total of amounts in a member's individual account in the employees saving account, including:

(1) amounts deducted from the compensation of the member;

(2) other member deposits required to be placed in the member's individual account; and

(3) interest credited to amounts in the member's individual account, including interest and gain sharing interest credited in accordance with Sections 820.102 and 820.103, respectively.

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Cite this article: FindLaw.com - Texas Government Code - GOV'T § 820.001. Definition - last updated January 01, 2024 | https://codes.findlaw.com/tx/government-code/gov-t-sect-820-001/

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