Texas Government Code 609.702 – Creation of Plan
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(a) An institution of higher education may create and administer for its employees a 457 plan under this subchapter.
(b) An institution of higher education may contract with other institutions of higher education to create a single deferred compensation plan for their employees under Subsection (a).
Terms Used In Texas Government Code 609.702
- Contract: A legal written agreement that becomes binding when signed.