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 D. DEFERRED COMPENSATION PLANS FOR EMPLOYEES OF INSTITUTIONS OF HIGHER EDUCATION |
Sec. 609.702. CREATION OF PLAN
Latest version.
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(a) An institution of higher education may create and administer for its employees a 457 plan under this subchapter.
(b) An institution of higher education may contract with other institutions of higher education to create a single deferred compensation plan for their employees under Subsection (a).
Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff. Jan. 1, 2004.