Sec. 22.401. DEFINITION. In this chapter, "church benefits board" means an organization described by Section 414(e)(3)(A), Internal Revenue Code, that:
(1) has the principal purpose or function of administering or funding a plan or program to provide retirement benefits, welfare benefits, or both for the ministers or employees of a church or a conference, convention, or association of churches; and
(2) is controlled by or affiliated with a church or a conference, convention, or association of churches.
Acts 2003, 78th Leg., ch. 182, Sec. 1, eff. Jan. 1, 2006.
Structure Texas Statutes
Chapter 22 - Nonprofit Corporations
Subchapter I. Church Benefits Boards
Section 22.402. Pensions and Benefits
Section 22.404. Power to Act as Trustee
Section 22.405. Documents and Agreements
Section 22.406. Indemnification
Section 22.407. Protection of Benefits