The plan administrator of a 401(k) plan shall develop and implement procedures to efficiently administer a program that allows a qualified vendor to lend money to a participating employee.
Tex. Gov't Code § 609.117
LOANS UNDER 401(K) PLAN
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.