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

Texas Labor Code § 407A.465

Special Fund

Group Self-Insurance Coverage · Texas Self-Insurance Group Guaranty Fund

Monies advanced by the association under this chapter do not become assets of the insolvent group but constitute a special fund advanced to the commissioner, receiver, or other statutory successor only for the payment of compensation liabilities, including the costs of claim administration and legal costs.

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

Official source
Legislative history

Added by Acts 2005, 79th Leg., Ch. 1055 (H.B. 1353), Sec. 1, eff. September 1, 2005.