Tex. Gov't Code § 609.013
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
If a plan administrator cannot distribute promptly an employee's deferred amounts and investment income when a distribution is due and permissible under federal law, the plan administrator shall deposit the amount to be distributed in the deferred compensation trust fund defined by Section 609.101 or described by Section 609.512, as appropriate.
Tex. Gov't. Code § 609.013