Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 407.041 - Application(a) An employer who desires to self-insure under this chapter must submit an application to the division for a certificate of authority to self-insure.(b) The application must be: (1) submitted on a form adopted by the commissioner; and(2) accompanied by a nonrefundable $1,000 application fee.(c) Not later than the 60th day after the date on which the application is received, the commissioner shall approve or deny the application.(d) During the pendency of the approval or denial of the application, the applicant may not operate as a self-insurer under this chapter.Amended By Acts 2005, 79th Leg., Ch. 265, Sec. 3.043, eff. 9/1/2005. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.