Texas Statutes (Last Updated: January 4, 2014) |
GOVERNMENT CODE |
Title 6. PUBLIC OFFICERS AND EMPLOYEES |
Subtitle A. PROVISIONS GENERALLY APPLICABLE TO PUBLIC OFFICERS AND EMPLOYEES |
Chapter 609. DEFERRED COMPENSATION PLANS |
Subchapter B. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF POLITICAL SUBDIVISIONS |
Sec. 609.103. DESIGNATION OF PLAN ADMINISTRATOR
Latest version.
-
(a) A political subdivision that creates a deferred compensation plan shall designate a plan administrator for the plan.
(b) Political subdivisions that create a single plan shall designate jointly a plan administrator for the plan.
(c) A plan administrator may be an employee, a nonprofit corporation, an individual, a trustee, a private entity, another political subdivision, or an association of political subdivisions.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.