Sec. 1579.254. CONTRIBUTIONS HELD IN TRUST FOR FUND  


Latest version.
  • A participating entity:

    (1) shall hold contributions required by this subchapter in trust for the Texas school employees uniform group coverage trust fund and its participants; and

    (2) may not divert the contributions for any other purpose.

Added by Acts 2005, 79th Leg., Ch. 1359 , Sec. 53, eff. September 1, 2005.