Tex. Gov't Code § 609.108 · Subchapter B. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF POLITICAL SUBDIVISIONS

INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.

Verbatim from the official edition

Text — Current through the 89th 2nd Called Legislative Session, 2025

The plan administrator shall:

(1) invest the deferred amounts and investment income of a participating employee in the qualified investment products designated by the employee; and

(2) transfer the deferred amounts and investment income of a participating employee from one qualified investment product to another on the employee's request.

Notes and commentary — not statutory text

History

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Source of truth

Edition: Current through the 89th 2nd Called Legislative Session, 2025
Official file: https://statutes.capitol.texas.gov/Docs/GV/htm/GV.609.htm
Text hash: sha256 48ffc866dbb9d8614e1a7c2ae60a47b820396874c73334da30ed9b0f2e720006
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.