{"data":{"id":"us-tx/tex.-government-code-609.118","jurisdiction":"us-tx","citation":"Tex. Government Code § 609.118","heading":"TRUST FOR 401(K) PLAN.","body":"A political subdivision or group of political subdivisions that creates a 401(k) plan may:\n(1) establish a trust to hold deferred amounts and investment income for the benefit of participating employees; and\n(2) act as trustee of the trust.\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#609.118","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"2195edd7164ab153ba1b10d21eaab8b49febcf166bb02f8e3757cfab85e0bd62","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-609.1175","next":"us-tx/tex.-government-code-609.119"},"notice":"GroundRules: Original legal text. Not legal advice."}