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Tex. Insurance Code § 1601.253

INVESTMENT OF MONEY IN FUND

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 1601.253, INVESTMENT OF MONEY IN FUND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/683280
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(a) The governing board of a system may invest the money in the system's cafeteria plan fund. (b) The earnings, including interest, and the proceeds from the sale of the investments become a part of the fund.