Tex. Government Code § 609.119: TRANSFER ON VENDOR'S FAILURE.
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
A political subdivision or group of subdivisions that creates a deferred compensation plan may authorize or require as a part of the plan that the plan administrator immediately transfer to the deferred compensation trust fund all deferred amounts and investment income from a vendor who fails to satisfy the requirements of this subchapter or the plan administrator.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
Collected 2026-08-27T01:47:16Z. Source file · JSON