Texas Statutes
§ 609.115 — CONTRACT WITH QUALIFIED VENDOR.
Texas § 609.115
JurisdictionTexas
Code GVGovernment Code
This text of Texas § 609.115 (CONTRACT WITH QUALIFIED VENDOR.) 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. § 609.115 (2026).
Text
Sec. 609.115. CONTRACT WITH QUALIFIED VENDOR.
(a)After a plan administrator approves an application of a vendor to become a qualified vendor or, under a 401(k) plan, after the plan administrator approves an application of a vendor to become a qualified vendor and approves the vendor's investment products, the plan administrator shall execute a written contract with the vendor to participate in the deferred compensation plan.
(b)A plan administrator shall develop and implement criteria and procedures for evaluating a qualified vendor's investment products to determine whether those products are acceptable as qualified investment products.
(c)A qualified vendor may offer to employees participating in a 457 plan only qualified investment products.
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Legislative History
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.
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 § 609.115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/GV/609.115.