{"data":{"id":"us-tx/tex.-government-code-609.115","jurisdiction":"us-tx","citation":"Tex. Government Code § 609.115","heading":"CONTRACT WITH QUALIFIED VENDOR.","body":"(a) After a plan administrator approves an application of a vendor to become a qualified vendor or, under a 401(k) plan, after the plan administrator approves an application of a vendor to become a qualified vendor and approves the vendor's investment products, the plan administrator shall execute a written contract with the vendor to participate in the deferred compensation plan.\n(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.\n(c) A qualified vendor may offer to employees participating in a 457 plan only qualified investment products.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.","path":["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"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.609.htm#609.115","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"f17533a37f6cf6b60b88d3346d098a034dc621192df1588a007fb48a3cc84a10","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-609.114","next":"us-tx/tex.-government-code-609.116"},"notice":"GroundRules: Original legal text. Not legal advice."}