Investment and Transfer of Deferred Amounts and Income

Tex. Government Code § 609.108, under Chapter 609. Deferred Compensation Plans.

Tex. Government Code § 609.108

Sec. 609.108. INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME. The plan administrator shall: (1) invest the deferred amounts and investment income of a participating employee in the qualified investment products designated by the employee; and (2) transfer the deferred amounts and investment income of a participating employee from one qualified investment product to another on the employee's request. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.