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Current as of January 01, 2024 | Updated by FindLaw Staff
(a) The governing board of a system may develop, implement, and administer a cafeteria plan.
(b) The governing board may include in the cafeteria plan any benefit that may be included in a cafeteria plan under federal law.
(c) The governing board may cooperate and work with and enter into a necessary contract or agreement with an independent and qualified agency, person, or entity to:
(1) develop, implement, or administer a cafeteria plan; or
(2) assist in those activities.
(d) The governing board may adopt an order terminating the cafeteria plan and providing a procedure for the orderly withdrawal of the system and its employees from the cafeteria plan if the governing board determines that a cafeteria plan adopted under this section is no longer advantageous to the system and its employees.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1601.152. Cafeteria Plan - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1601-152/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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