Texas Statutes
§ 609.011 — NOTIFICATION BY PLAN ADMINISTRATOR.
Texas § 609.011
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 609.011 (NOTIFICATION BY PLAN ADMINISTRATOR.) 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.
Bluebook
Tex. Government Code Code Ann. § 609.011 (2026).
Text
Sec. 609.011. NOTIFICATION BY PLAN ADMINISTRATOR.
(a)The plan administrator of a plan established under this chapter may notify an employee participating in the plan that the administrator believes that:
(1)a qualified vendor is having significant financial difficulties; or
(2)the amount of the employee's deferred amounts and investment income invested with a qualified vendor exceeds an insured or guaranteed level.
(b)A plan administrator is not liable to a participating employee for a loss resulting from the failure to notify the employee under this section.
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Legislative History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2003, 78th Leg., ch. 1111, Sec. 2, eff. Sept. 1, 2003.
Nearby Sections
15
§ 609.001
DEFINITIONS.§ 609.002
QUALIFICATIONS FOR QUALIFIED VENDOR.§ 609.003
QUALIFIED INVESTMENT PRODUCT.§ 609.004
PERMISSIBLE USE OF PUBLIC FUNDS.§ 609.005
PLAN AS COMPENSATION.§ 609.008
CREDITING TRUST FUND INTEREST.§ 609.009
TRUST FOR 457 PLAN.§ 609.011
NOTIFICATION BY PLAN ADMINISTRATOR.§ 609.012
TRANSFER FROM A PLAN VENDOR.§ 609.013
INABILITY TO DISTRIBUTE.§ 609.014
COORDINATION OF PLANS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 609.011, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/609.011.