Sec. 68.107. RETIREMENT BENEFITS. (a) The association may act as an employer for the purpose of maintaining an employee welfare benefit plan or an employee pension benefit plan, as defined by 29 U.S.C. Section 1002, for the benefit of branch pilots licensed under this chapter.
(b) A benefit plan must be established and maintained in accordance with applicable law pertaining to benefit plans.
Acts 1995, 74th Leg., ch. 165, Sec. 1, eff. Sept. 1, 1995.
Structure Texas Statutes
Chapter 68 - Brazoria County Pilots Licensing and Regulatory Act
Subchapter F. Brazos Pilots Association
Section 68.091. Pilots Association
Section 68.092. Association Purposes
Section 68.094. Term of Office
Section 68.096. Independent Contractor
Section 68.097. Fee Collection
Section 68.100. Fee Distribution
Section 68.101. Association Services
Section 68.102. Transfer of Property
Section 68.103. Share Valuation
Section 68.104. Transfer of Shares
Section 68.105. Facilities Fee