Sec. 161.304. USE OF FUND. (a) The following may be used only to fund a contract entered into under Section 161.302:
(1) contributions to the fund described by Section 161.303(b)(2); and
(2) income and interest earned on money in the fund described by Section 161.303(b)(3).
(b) Except as provided by Subsection (a), money in the fund may not be used for any purpose.
(c) The executive commissioner may adopt rules regarding distribution of money in the fund in accordance with this section.
Added by Acts 2009, 81st Leg., R.S., Ch. 318 (H.B. 610), Sec. 1, eff. September 1, 2009.
Last modified: September 28, 2016