Texas Business Organizations Code § 22.408 Assignment Of Benefits

Sec. 22.408. ASSIGNMENT OF BENEFITS. An assignment or transfer or an attempt to make an assignment or transfer by a beneficiary of money, benefits, or other rights under a plan or program under this subchapter is void if:

(1) the plan or program contains a provision prohibiting the assignment or other transfer without the written consent of the church benefits board; and

(2) the beneficiary assigns or transfers or attempts to make an assignment or transfer without that consent.

Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.

Section: Previous  22.359  22.360  22.361  22.362  22.363  22.364  22.365  22.401  22.402  22.403  22.404  22.405  22.406  22.407  22.408

Last modified: September 28, 2016