(a) Benefit payments made by the guaranty fund under this subchapter are entitled to the same preference over other debts of the insolvent group as provided by law to benefit payments owed by the insolvent group to the person entitled to the benefits.
(b) The guaranty fund has the priority status provided by Section 8, Article 21.28, Insurance Code.
Official text of the Texas Labor Code as published by the Texas Legislative Council.