{"data":{"id":"us-tx/tex.-government-code-609.702","jurisdiction":"us-tx","citation":"Tex. Government Code § 609.702","heading":"CREATION OF PLAN.","body":"(a) An institution of higher education may create and administer for its employees a 457 plan under this subchapter.\n(b) An institution of higher education may contract with other institutions of higher education to create a single deferred compensation plan for their employees under Subsection (a).\nAdded by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.","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 D. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/GV/htm/GV.609.htm#609.702","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"ddab64ee2d492b7c774b9ed05fbbb176ca25340e8eaa8cf1c098f36b3fb41c45","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-609.701","next":"us-tx/tex.-government-code-609.703"},"notice":"GroundRules: Original legal text. Not legal advice."}