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Texas · Through 89th 2nd Called Legislative Session, 2025

Tex. Government Code § 609.117: LOANS UNDER 401(K) PLAN.

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Where this section sits in the code
  1. GOVERNMENT CODE
  2. TITLE 6. PUBLIC OFFICERS AND EMPLOYEES
  3. SUBTITLE A. PROVISIONS GENERALLY APPLICABLE TO PUBLIC OFFICERS AND EMPLOYEES
  4. CHAPTER 609. DEFERRED COMPENSATION PLANS
  5. SUBCHAPTER B. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF POLITICAL SUBDIVISIONS

The plan administrator of a 401(k) plan shall develop and implement procedures to efficiently administer a program that allows a qualified vendor to lend money to a participating employee.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Collected 2026-08-27T01:47:16Z. Source file · JSON

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