Tex. Government Code § 609.710: DISTRIBUTION.
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
A plan administrator shall develop and implement procedures for:
(1) the designation by a participating employee of a beneficiary to receive the employee's deferred amounts and investment income after the employee's death; and
(2) the distribution of a participating employee's deferred amounts and investment income to the employee or the employee's beneficiary, as appropriate, because of the employee's death or termination of employment, a financial hardship, or another reason permissible under federal law.
Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.
Collected 2026-08-27T01:47:16Z. Source file · JSON