Sec. 608.010. TERMINATION OF DEDUCTION. (a) A department administrator or disbursing officer shall stop deducting money under this chapter from the compensation of an officer or employee if:
(1) the individual stops being an officer or employee of the department or political subdivision;
(2) the individual notifies the department administrator or disbursing officer by electronic means or in writing that the individual elects to cancel the authorization; or
(3) the arrangement for deducting money by department administrators or disbursing officers is terminated.
(b) On termination as provided by Subsection (a), any money that has been deducted from an officer's or employee's compensation but has not been used to purchase savings bonds shall be remitted immediately to the individual from whose compensation the money has been deducted.
Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 76, Sec. 5.09(a), eff. Sept. 1, 1995; Acts 1999, 76th Leg., ch. 1467, Sec. 1.26, eff. June 19, 1999.
Structure Texas Statutes
Title 6 - Public Officers and Employees
Subtitle A - Provisions Generally Applicable to Public Officers and Employees
Chapter 608 - Payroll Deduction for Savings Bonds
Section 608.002. Authorization for Payroll Deduction
Section 608.003. Withholding; Deduction From Payroll
Section 608.005. Payment to Department Administrator or Disbursing Officer
Section 608.006. Form of Payroll
Section 608.007. Trust Account
Section 608.008. Purchase of Savings Bonds