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Tex. Government Code § 609.118

TRUST FOR 401(K) PLAN

Texas · Texas Government Code · Status: effective

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Tex. Government Code § 609.118, TRUST FOR 401(K) PLAN, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/657685
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A political subdivision or group of political subdivisions that creates a 401(k) plan may: (1) establish a trust to hold deferred amounts and investment income for the benefit of participating employees; and (2) act as trustee of the trust.