Texas Labor Code
§ 407A.353 — REFUNDS
LA § 407A.353Title 5. WORKERS' COMPENSATION · Part A. TEXAS WORKERS' COMPENSATION ACT · Ch. 407A. GROUP SELF-INSURANCE COVERAGE · Art. H. RATES; REFUNDS; PREMIUM PAYMENTS; RESERVES; DEFICITS
Statute text
View on source(a)The board of trustees may declare refundable any money for a fund year in excess of the amount necessary to fund all obligations.
(b)The board of trustees shall give each member a written description of the group's refund plan at the time of application for membership.
Legislative history
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.