Tex. Ins. Code § 1601.253 · Subchapter F. CAFETERIA PLAN FUND
INVESTMENT OF MONEY IN FUND.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The governing board of a system may invest the money in the system's cafeteria plan fund.
(b) The earnings, including interest, and the proceeds from the sale of the investments become a part of the fund.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1601.htm
- Text hash
- sha256 00c2695ef72920672f54c70f0e6c897124bb28d6cfc7d25f2d092c6358fb34b1
- 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.