Tex. Gov't Code § 609.710 · Subchapter D. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION
DISTRIBUTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
A plan administrator shall develop and implement procedures for:
(1) the designation by a participating employee of a beneficiary to receive the employee's deferred amounts and investment income after the employee's death; and
(2) the distribution of a participating employee's deferred amounts and investment income to the employee or the employee's beneficiary, as appropriate, because of the employee's death or termination of employment, a financial hardship, or another reason permissible under federal law.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.
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 e2ecdd2a238f5d9275ae7bba7fe60b02ce30069e94129a7ebf3997fd8685b2b6
- 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.