Tex. Bus. Orgs. Code § 22.403 · Subchapter I. CHURCH BENEFITS BOARDS
CONTRIBUTIONS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) A church benefits board may provide for:
(1) the collection of contributions and other payments to assist in providing pensions and benefits under this subchapter; and
(2) the creation, maintenance, investment, management, and disbursement of necessary annuities, endowments, reserves, or other funds for a purpose under Subdivision (1).
(b) A church benefits board may receive payments from a trust fund or corporation that funds a church plan as defined by Section 414(e), Internal Revenue Code.
Notes and commentary — not statutory text
History
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/BO/htm/BO.22.htm
- Text hash
- sha256 4aeb98f11c5af9b91e82d88719056a6c5f52bb9a7d8ee147fae7e28cd4e4fe61
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.