{"data":{"id":"us-tx/tex.-government-code-609.504","jurisdiction":"us-tx","citation":"Tex. Government Code § 609.504","heading":"INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.","body":"After execution of a contract under Section 609.007, the board of trustees shall:\n(1) invest the deferred amounts and investment income of the employee in the qualified investment products designated by the employee; and\n(2) promptly transfer the deferred amounts and investment income of the employee from one qualified investment product to another in accordance with the requirements of the board of trustees.\nAdded by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 76, Sec. 5.10(a), eff. Sept. 1, 1995.","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 C. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF STATE AGENCIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.609.htm#609.504","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"e41d3e98d47ade908bdf1f779cb67f589eaf99856bbf8e2e4b19b088797d0bee","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-609.503","next":"us-tx/tex.-government-code-609.505"},"notice":"GroundRules: Original legal text. Not legal advice."}