Sec. 609.1175. LOANS UNDER 457 PLAN. The plan administrator of a 457 plan may develop and implement procedures to efficiently administer a program under the plan that allows a qualified vendor to lend money to a participating employee. Added by Acts 2013, 83rd Leg., R.S., Ch. 80 (S.B. 366), Sec. 3, eff. May 18, 2013.
Loans Under 457 Plan
Tex. Government Code § 609.1175, under Chapter 609. Deferred Compensation Plans.
Tex. Government Code § 609.1175