Tex. Lab. Code § 407A.463

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

Section 407A.463 - Guaranty Fund As Party in Interest

(a) The guaranty fund is a party in interest in a proceeding involving a workers' compensation claim against an insolvent group whose compensation obligations have been paid or assumed by the guaranty fund.

(b) The guaranty fund has the same rights and defenses as the insolvent group, including the right to:

(1) appear, defend, or appeal a claim;

(2) receive notice of, investigate, adjust, compromise, settle, or pay a claim; and

(3) investigate, handle, or deny a claim.

Tex. Lab. Code § 407A.463

Added by Acts 2005, 79th Leg., Ch. 1055, Sec. 1, eff. 9/1/2005.