Texas § GV.609.001 - DEFINITIONS
Full text of Texas The Texas Constitution § GV.609.001 — DEFINITIONS, with citation guidance and answers to common questions.
§ GV.609.001. DEFINITIONS
DEFINITIONS. In this chapter: (1) "Board of trustees" means the board of trustees of the Employees Retirement System of Texas. (2) "Employee" means an individual who is an officer or employee of a state agency or political subdivision, as appropriate. (2-a) "Institution of higher education" means an institution of higher education as defined by Section 61.003 , Education Code. (3) "Investment income" means the amount earned from investment in a qualified investment product of compensation deferred under a deferred compensation plan. (4) "Participating employee" means an employee who contracts to participate in a deferred compensation plan. (5) "Plan administrator" means the person responsible for administering a deferred compensation plan. (6) "Political subdivision" means a governmental entity in the state that is not a state agency and includes a county, municipality, school district, river authority, other special purpose district or authority, and junior college district. (7) "Qualified vendor" means a vendor approved by a plan administrator or with whom a plan administrator has contracted for participation in the deferred compensation plan. (8) "State agency" means a board, commission, office, department, or other agency in the executive, judicial, or legislative branch of state government, including an institution of higher education. (9) "Vendor" means a private entity that sells investment products. (10) "401(k) plan" means an employees' deferred compensation plan, the federal income tax treatment of which is governed by Section 401(k) of the Internal Revenue Code of 1986 (26 U.S.C. Section 401(k)). (11) "457 plan" means an employees' deferred compensation plan, the federal income tax treatment of which is governed by Section 457 of the Internal Revenue Code of 1986 (26 U.S.C. Section 457). Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2003, 78th Leg., ch. 1266, Sec. 2.01, eff. Jan. 1, 2004. Amended by: Acts 2005, 79th Leg., Ch. 347 (S.B. 1176 ), Sec. 2, eff. September 1, 2005.
Frequently Asked Questions About Texas § GV.609.001
What does The Texas Constitution § GV.609.001 cover?
Section GV.609.001 ("DEFINITIONS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § GV.609.001?
A common citation format is "The Texas Constitution § GV.609.001" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § GV.609.001 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.