INVESTMENT OF MONEY IN FUND.
Tex. INS Code § 1601.253.
in effect(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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
SUBCHAPTER G. ADVISORY COMMITTEE