Tex. Lab. Code § 407A.465

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 407A.465 - Special 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.

Tex. Lab. Code § 407A.465

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