A contract authorized by Section 609.505 or by Section 609.509 for either deferred compensation plan is exempt from:

1. (1) Subtitle D, Title 10;
2. (2) Chapter 463; and
3. (3) Chapter 2254.

Added by Acts 1993, 73rd Leg., ch. 268, Sec. 1, eff. Sept. 1, 1993.

Amended by Acts 1997, 75th Leg., ch. 165, Sec. 17.19(5), eff. Sept. 1, 1997;

Acts 1999, 76th Leg., ch. 1541, Sec. 53, eff. Sept. 1, 1999.