Opinion

Untitled Texas Attorney General Opinion

Court
Texas Attorney General Reports
Filed
Jul 2, 1959
Status
Published
On the bench
Will Wilson
Cited by
0 cases
Authority
More cited than 3.5%

The opinion

Honorable Robert S. Calvert

Comptroller of Public Accounts

Auat In, Texas

Opinion No. W-674

Re: Procedure to be used

in disbursing the

trust funds of the

Teacher Retirement

Dear Mr. Calvert : System.

We have your letter of June 21, 1959, in which

you request our opinion on the procedure to be used

In disbursing trust funds of the Teacher Retirement

System.

Sub-section 3 of Sectlon 13 of Article 2922-1,

Vernon’s Civil Statutes reads as follows:

“The Treasure; of the State of

Texas shall be the custodian of all

bonds, securities, and funds. All

payments from said funds shall be

made by him on warrants drawn by the

State Comptroller of Public Accounts

pported-only upon voucher8 signed

ii the Executive Secretary of the Re-

tirement System. A duly attested copy

of a resolution of the State Board of

Trustees designating such person shall

be filed with said Comptroller as hla

authorlty For Issuing such warrants.”

(Emphasis added)

It appears that your request Is predicated on

a possible conflict between the above quoted statute

and Article 4393a, Vernon’8 Civil Statutes, which

reads In part a8 Followa:

Honorable Robert S. Calvert, page 2 (~'~-674)

"All moneys and other securities

placed in the hands of the State Treaa-

urer in trust for any legal p'urposeshall

be received bg the State Treasurer on a

deposit receipt issued by the State Comp-

troller . . . Such moneys or other securi-

ties shall be withdrawn by trust and sua-

pense draft in the case of money, and

withdrawal authorization in the case of

other securities, which instruments shall

be issued serially and signed by the State

Comptroller. . . .' (Emphasis ours)

In Attorney General's Opinion WW-407 (1959) we

held that the State Treasurer is charged with requiring

satisfactory proof of the claimant's right to funds be-

fore he would be authorized to deliver them to the owner

or his authorized representative.

You seek our opinion on the following questions:

"You will note that Article 2922-1,

Section 13, Sub-section 3, in setting

out the method to be used in withdrawing

funds, the word warrant is used.

"Article 4393a provides that the

withdrawal of Trust funds shall be by

the 'useof a Trust and Suspense draft.

"Please advise.

"(1). Are the words warrant and Trust

and Suspense Draft synonymous, if not, what

procedure should be used In disbursing the

trust funds of the Teacher Retirement System?

"(2). The Treasury being the c,ustodian

of all Trust funds, what type of approval, if

any, should be required of him before issuing

the instruments necessary for the withdrawal

of such funds from his posaeeaion?'

Article 4393a, originally passed in 1945, deal8

generally with methods of receiving and disposing of

trust moneys by the State Treasurer; of accounting for

such moneys by the Treasurer and Comptroller; and for

the supervision of such moneys by the State Comptroller

Honorable Robert S. Calvert, page 3 (m-674)

while they are in trust. In this general statute, it

is directed that such monexa shall be withdrawn by

"trust and suspense draft.

However, Article 2922-1, which became effective

in 1956, deals specifically with the Teacher Retirement

System and provides in detail how those trust funds are

to be disbursed. Such statute provides payments from

such fund shall be made by the Treasurer "on warraFt

drawn by the State Comptroller of Public Accounts.

Even if we assume the statutes are in conflict,

it is universally held that the specific statute more

clearly evidences the intention of the Legislature than

the general one. and therefore that the specific statute

will"contro1. 1Townsend v. Terrell, 11.8i'ex.463, 16

S.W.2d 1063 (192x). Furthermore, Article 2922-l spe-

cifically provides the proof to be required by either the

Comptroller or the Treasurer before the warrants are issued

and paid.

SUMMARY

Under Article 2922-1, Vernon's Cl,vil

Statutes, Trust Funds of the Teacher

Retirement System are to be disbursed

by the Treasurer on warrants issued

by the Comptroller; such warrants are

to be supported only by a voucher signed

by the Executive Secretary of the Retire-

ment System, who has been properly desig-

nated.

Very truly yours,

WILL WILSON

Attorney General of Texas

B

Tom I. McFarling

Assistant

TIM:rm

- .

Honorable Robert S. Calvert, page 4 (W-674)

APPROVED:

OPINION COMMITTEE

Geo . P. Blackburn, Chairman

J. Arthur Sandlin

Jot Hodges, Jr.

Marvin H. Brown, Jr.

REVIEWED FOR THE ATTORNEY GENERAL

BY: W. V. Geppert

This is a copy of a public record, reproduced as it was published. It is not legal advice, and it may not be the version a court would rely on. Check the official source before you cite it.

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