Tex. Gov't Code § 609.514

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 609.514 - Alternative to Fund Deposit

Instead of depositing deferred amounts and investment income in the trust fund of the deferred compensation plan, the board of trustees may invest them in a qualified investment product specifically designated by the board for that purpose.

Tex. Gov't. Code § 609.514

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