Untitled Texas Attorney General 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 Such moneys or other securi- ties shall be withdrawn by trust and sua- pense draft in the case of money, and withdrawal authorization in the case of other securities, which instruments shall be issued serially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