Texas Labor Code

§ 205.022 — DURATION AND TERMINATION OF GROUP ACCOUNT

LA § 205.022Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT · Part A. TEXAS UNEMPLOYMENT COMPENSATION ACT · Ch. 205. REIMBURSEMENTS · Art. C. GROUP ACCOUNT

Statute text

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(a)A group account must remain in effect for not less than two years.

(b)After two years, the account may be terminated at the discretion of the commission or on application by the group. The termination is effective January 1 of the next year.

Legislative history

Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.