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Tex. Gov't Code § 609.707

INVESTMENT AND TRANSFER OF DEFERRED AMOUNTS AND INCOME

Added by Acts 2003, 78th Leg., ch. 1266, Sec. 2.05, eff

The plan administrator shall:

(1) invest the deferred amounts and investment income of a participating employee in the qualified investment products designated by the employee; and

(2) transfer the deferred amounts and investment income of a participating employee from one qualified investment product to another on the employee's request.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.