Texas § GV.609.011 - NOTIFICATION BY PLAN ADMINISTRATOR
Full text of Texas The Texas Constitution § GV.609.011 — NOTIFICATION BY PLAN ADMINISTRATOR, with citation guidance and answers to common questions.
§ GV.609.011. NOTIFICATION BY PLAN ADMINISTRATOR
NOTIFICATION BY PLAN ADMINISTRATOR. (a) The plan administrator of a plan established under this chapter may notify an employee participating in the plan that the administrator believes that: (1) a qualified vendor is having significant financial difficulties; or (2) the amount of the employee's deferred amounts and investment income invested with a qualified vendor exceeds an insured or guaranteed level. (b) A plan administrator is not liable to a participating employee for a loss resulting from the failure to notify the employee under this section. Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 2003, 78th Leg., ch. 1111, Sec. 2, eff. Sept. 1, 2003.
Frequently Asked Questions About Texas § GV.609.011
What does The Texas Constitution § GV.609.011 cover?
Section GV.609.011 ("NOTIFICATION BY PLAN ADMINISTRATOR") 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.609.011?
A common citation format is "The Texas Constitution § GV.609.011" (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.609.011 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.