Labor Code › Title 5 › Chapter 407A › Subchapter A

Texas Labor Code § 407A.003

Merger of Groups

Group Self-Insurance Coverage · General Provisions

(a) Subject to the approval of the commissioner, a group may merge with another group engaged in the same or a similar type of business if the resulting group assumes in full all obligations of the merging groups.

(b) The commissioner may conduct a hearing on a proposed merger and shall conduct a hearing if any party, including a member of either group, requests a hearing.

Official text of the Texas Labor Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.