Investment of Money In Fund

Sec. 1601.253. INVESTMENT OF MONEY IN FUND. (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. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. SUBCHAPTER G. ADVISORY COMMITTEE