Texas Labor Code

§ 407A.463 — GUARANTY FUND AS PARTY IN INTEREST

LA § 407A.463Title 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 guaranty fund is a party in interest in a proceeding involving a workers' compensation claim against an insolvent group whose compensation obligations have been paid or assumed by the guaranty fund.

(b)The guaranty fund has the same rights and defenses as the insolvent group, including the right to:

(1)appear, defend, or appeal a claim;

(2)receive notice of, investigate, adjust, compromise, settle, or pay a claim; and

(3)investigate, handle, or deny a claim.

Legislative history

Added by Acts 2005, 79th Leg., Ch. 1055 (H.B. 1353), Sec. 1, eff. September 1, 2005.