Texas § 609.504 INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.

Texas Statutes

§ 609.504 — INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.

Texas § 609.504

Code GVGovernment Code

This text of Texas § 609.504 (INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME.) 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. § 609.504 (2026).

Text

Sec. 609.504. INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME. After execution of a contract under Section 609.007 , the board of trustees shall:

(1)invest the deferred amounts and investment income of the employee in the qualified investment products designated by the employee; and

(2)promptly transfer the deferred amounts and investment income of the employee from one qualified investment product to another in accordance with the requirements of the board of trustees.

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Sec. 609.504. INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME. After execution of a contract under Section 609.007 , the board of trustees shall:
(1) invest the deferred amounts and investment income of the employee in the qualified investment products designated by the employee; and
(2) promptly transfer the deferred amounts and investment income of the employee from one qualified investment product to another in accordance with the requirements of the board of trustees.