Texas Labor Code

§ 203.257 — BOND PAYMENTS

LA § 203.257Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 203. FINANCING AND FUNDS · Art. F. ISSUANCE OF FINANCIAL OBLIGATIONS FOR UNEMPLOYMENT COMPENSATION FUND

Statute text

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(a)Revenues received from the unemployment obligation assessment may be applied only as provided by this subchapter.

(b)The commission may pay bond obligations with other legally available funds.

(c)Bond obligations are payable only from sources provided for payment in this subchapter.

Legislative history

Added by Acts 2003, 78th Leg., ch. 317, Sec. 5, eff. June 18, 2003; Acts 2003, 78th Leg., ch. 817, Sec. 6.05, eff. June 20, 2003.