Tex. Gov't Code § 609.103

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 609.103 - Designation of Plan Administrator

(a) A political subdivision that creates a deferred compensation plan shall designate a plan administrator for the plan.

(b) Political subdivisions that create a single plan shall designate jointly a plan administrator for the plan.

(c) A plan administrator may be an employee, a nonprofit corporation, an individual, a trustee, a private entity, another political subdivision, or an association of political subdivisions.

Tex. Gov't. Code § 609.103

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. 9/1/1993.