Texas § 840.207 COMPENSATION OF EMPLOYEES; PAYMENT OF EXPENSES.

Texas Statutes

§ 840.207 — COMPENSATION OF EMPLOYEES; PAYMENT OF EXPENSES.

Texas § 840.207

Code GVGovernment Code

This text of Texas § 840.207 (COMPENSATION OF EMPLOYEES; PAYMENT OF EXPENSES.) 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. § 840.207 (2026).

Text

Sec. 840.207. COMPENSATION OF EMPLOYEES; PAYMENT OF EXPENSES.

(a)The board of trustees shall compensate all persons whom it employs and shall pay all expenses necessary to operate the retirement system at rates and in amounts approved by the board. Those rates and amounts may not exceed those paid for the same or similar service for the state.

(b)The board of trustees shall pay compensation and expenses required by Subsection (a) from an appropriate account of the retirement system.

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Sec. 840.207. COMPENSATION OF EMPLOYEES; PAYMENT OF EXPENSES. (a) The board of trustees shall compensate all persons whom it employs and shall pay all expenses necessary to operate the retirement system at rates and in amounts approved by the board. Those rates and amounts may not exceed those paid for the same or similar service for the state.
(b) The board of trustees shall pay compensation and expenses required by Subsection (a) from an appropriate account of the retirement system.

Legislative History

Added by Acts 1985, 69th Leg., ch. 602, Sec. 1, Sept. 1, 1985. Renumbered from Vernon's Ann.Civ.St. Title 110B, Sec. 75.207 and amended by Acts 1989, 71st Leg., ch. 179, Sec. 1, eff. Sept. 1, 1989.