Tex. Lab. Code § 407.001

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 407.001 - Definitions

In this chapter:

(1) "Association" means the Texas Certified Self-Insurer Guaranty Association.
(2) Repealed by Acts 2005, 79th Leg., Ch. 265, Sec. 7.01(17), eff. September 1, 2005.
(3) "Impaired employer" means a certified self-insurer:
(A) who has suspended payment of compensation as determined by the division;
(B) who has filed for relief under bankruptcy laws;
(C) against whom bankruptcy proceedings have been filed; or
(D) for whom a receiver has been appointed by a court of this state.
(4) "Incurred liabilities for compensation" means the amount equal to the sum of:
(A) the estimated amount of the liabilities for outstanding workers' compensation claims, including claims incurred but not yet reported; and
(B) the estimated amount necessary to provide for the administration of those claims, including legal costs.
(5) "Qualified claims servicing contractor" means a person who provides claims service for a certified self-insurer, who is a separate business entity from the affected certified self-insurer, and who holds a certificate of authority under Chapter 4151.

Tex. Lab. Code § 407.001

Amended By Acts 2007, 80th Leg., R.S., Ch. 1176, Sec. 3.02, eff. 9/1/2007.