Tex. Ins. Code § 1601.251

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 1601.251 - System Cafeteria Plan Fund

(a) The governing board of each system may establish and administer a cafeteria plan fund.

(b) The following shall be credited to the cafeteria plan fund of a system:

(1) salary reduction payments for benefits included in a cafeteria plan adopted under this chapter, other than group coverage plans under the uniform program;

(2) appropriations by the state for the administration of a cafeteria plan; and

(3) a monthly fee established under Section 1601.202.

Tex. Ins. Code § 1601.251

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. 6/1/2003.