Tex. Government Code § 609.707: 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 D. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION
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 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.
Collected 2026-08-27T01:47:16Z. Source file · JSON