Tex. Government Code § 609.108: INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.
Where this section sits in the code
- GOVERNMENT CODE
- TITLE 6. PUBLIC OFFICERS AND EMPLOYEES
- SUBTITLE A. PROVISIONS GENERALLY APPLICABLE TO PUBLIC OFFICERS AND EMPLOYEES
- CHAPTER 609. DEFERRED COMPENSATION PLANS
- SUBCHAPTER B. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF POLITICAL SUBDIVISIONS
The plan administrator shall:
(1) invest the deferred amounts and investment income of a participating employee in the qualified investment products designated by the employee; and
(2) transfer the deferred amounts and investment income of a participating employee from one qualified investment product to another on the employee's request.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Collected 2026-08-27T01:47:16Z. Source file · JSON