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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The governing board of a system may establish a monthly fee in an amount set by the board to be paid by each employee who elects to participate in a cafeteria plan for the purpose of paying the expenses of administering the cafeteria plan.
(b) If the governing board establishes a monthly fee, each employee who participates in the cafeteria plan must authorize payment of the fee by executing a separate payroll deduction agreement or as part of a salary reduction agreement, as determined by the governing board.
Cite this article: FindLaw.com - Texas Insurance Code - INS § 1601.202. Fees for Cafeteria Plan - last updated January 01, 2024 | https://codes.findlaw.com/tx/insurance-code/ins-sect-1601-202/
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 before relying on it for your legal needs.
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