Texas § IN.1579.155 - PROGRAM PARTICIPATION
Full text of Texas The Texas Constitution § IN.1579.155 — PROGRAM PARTICIPATION, with citation guidance and answers to common questions.
§ IN.1579.155. PROGRAM PARTICIPATION
PROGRAM PARTICIPATION: ELECTION. (a) Effective September 1, 2022, a participating entity may elect to discontinue the entity's participation in the program by providing written notice to the trustee not later than December 31 of the year preceding the first day of the plan year in which the election will be effective. (b) A participating entity that elects to discontinue participation in the program under Subsection (a) may not elect to: (1) participate in the program until the fifth anniversary of the effective date of the entity's election to discontinue participation; or (2) discontinue the entity's participation after an election described by Subdivision (1) until the fifth anniversary of the effective date of that election. (c) Effective September 1, 2022, an entity that elects to participate in the program shall provide written notice to the trustee not later than December 31 of the year preceding the first day of the plan year in which the election will be effective. The entity may not elect to discontinue the entity's participation until the fifth anniversary of the effective date of the entity's election to participate. (d) The trustee by rule shall prescribe the time and manner for making an election under this section and may adopt rules necessary to administer this section. Added by Acts 2021, 87th Leg., R.S., Ch. 399 (S.B. 1444 ), Sec. 2, eff. September 1, 2021. For expiration of this section, see Subsection (f).
Frequently Asked Questions About Texas § IN.1579.155
What does The Texas Constitution § IN.1579.155 cover?
Section IN.1579.155 ("PROGRAM PARTICIPATION") 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 § IN.1579.155?
A common citation format is "The Texas Constitution § IN.1579.155" (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 § IN.1579.155 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.