Tex. Government Code § 823.005
ACCEPTANCE OF ROLLOVERS AND TRANSFERS FROM OTHER PLANS
Texas · Texas Government Code · Status: effective
Cite this
- Citation
- Tex. Government Code § 823.005, ACCEPTANCE OF ROLLOVERS AND TRANSFERS FROM OTHER PLANS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/659239
- Permanent ID
ys:prov:659239@1- SHA-256
48e1192c629b7ad8913192df9033ddcd1913bf3031e7c84b1010cfb9865e17a4
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Subject to rules adopted by the board of trustees, the retirement system shall accept an eligible rollover distribution or a direct transfer of funds from another qualified plan in payment of all or a portion of any deposit a member is permitted to make with the system for credit for service. The rules adopted by the board shall condition the acceptance of a rollover or transfer from another plan on the receipt from the other plan of information necessary to enable the retirement system to determine the eligibility of any transferred funds for tax-free rollover treatment or other treatment under federal income tax law.