Texas § 22.403 CONTRIBUTIONS.

Texas Statutes

§ 22.403 — CONTRIBUTIONS.

Texas § 22.403

Code BOBusiness Organizations Code

This text of Texas § 22.403 (CONTRIBUTIONS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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Tex. Business Organizations Code Code Ann. § 22.403 (2026).

Text

Sec. 22.403. CONTRIBUTIONS.

(a)A church benefits board may provide for:

(1)the collection of contributions and other payments to assist in providing pensions and benefits under this subchapter; and

(2)the creation, maintenance, investment, management, and disbursement of necessary annuities, endowments, reserves, or other funds for a purpose under Subdivision (1).

(b)A church benefits board may receive payments from a trust fund or corporation that funds a church plan as defined by Section 414(e), Internal Revenue Code.

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Sec. 22.403. CONTRIBUTIONS. (a) A church benefits board may provide for:
(1) the collection of contributions and other payments to assist in providing pensions and benefits under this subchapter; and
(2) the creation, maintenance, investment, management, and disbursement of necessary annuities, endowments, reserves, or other funds for a purpose under Subdivision (1).
(b) A church benefits board may receive payments from a trust fund or corporation that funds a church plan as defined by Section 414(e), Internal Revenue Code.