Texas Labor Code
§ 407A.455 — BOARD GENERAL POWERS AND DUTIES
LA § 407A.455Title 5. WORKERS' COMPENSATION · Part A. TEXAS WORKERS' COMPENSATION ACT · Ch. 407A. GROUP SELF-INSURANCE COVERAGE · Art. J. TEXAS SELF-INSURANCE GROUP GUARANTY FUND
Statute text
View on source(a)The board shall:
(1)create and maintain a trust fund for payment of the workers' compensation liabilities of an insolvent group;
(2)hire staff as necessary;
(3)provide recommendations to the commissioner regarding rules or guidelines applicable to groups;
(4)receive reports from the department on the financial condition of groups, including examination and audit reports;
(5)engage consulting experts as necessary to review information provided by or filed with the department to ensure financial solvency of groups under this chapter;
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Legislative history
Added by Acts 2005, 79th Leg., Ch. 1055 (H.B. 1353), Sec. 1, eff. September 1, 2005.