{"data":{"id":"us-tx/tex.-government-code-609.714","jurisdiction":"us-tx","citation":"Tex. Government Code § 609.714","heading":"CONTRACT WITH QUALIFIED VENDOR.","body":"(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.\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 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#609.714","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:16Z","sha256":"a7010077933df0f3c89ba6bee390f75439e501a1bba9e3b43ab321b33709a1a9","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-government-code-609.713","next":"us-tx/tex.-government-code-609.715"},"notice":"GroundRules: Original legal text. Not legal advice."}