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

Tex. Government Code § 609.714: CONTRACT WITH QUALIFIED VENDOR.

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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 D. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION

(a) After a plan administrator approves an application of a vendor to become a qualified vendor, the plan administrator shall execute a written contract with the vendor to participate in the deferred compensation plan.

(b) A plan administrator shall develop and implement criteria and procedures for evaluating a qualified vendor's investment products to determine whether those products are acceptable as qualified investment products.

(c) A qualified vendor may offer to employees participating in a 457 plan only qualified investment products.

Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.

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

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