Tex. Insurance Code § 1575.306
EMPLOYEE CONTRIBUTIONS PROPERTY OF FUND ON RECEIPT; NO REFUND
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 1575.306, EMPLOYEE CONTRIBUTIONS PROPERTY OF FUND ON RECEIPT; NO REFUND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/683088
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Full text
A contribution from an active employee:
(1) is the property of the fund on receipt by the trustee; and
(2) may not be refunded to the active employee under any circumstances, including termination of employment.