Alternative To Fund Deposit

Tex. Government Code § 609.514, under Chapter 609. Deferred Compensation Plans.

Tex. Government Code § 609.514

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