Texas Labor Code

§ 412.0123 — DEPOSIT OF WORKERS' COMPENSATION SUBROGATION RECOVERIES

LA § 412.0123Title 5. WORKERS' COMPENSATION · Part A. TEXAS WORKERS' COMPENSATION ACT · Ch. 412. STATE OFFICE OF RISK MANAGEMENT · Art. B. OFFICE

Statute text

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(a)All money recovered by the director from a third party through subrogation shall be deposited into the state workers' compensation account in general revenue.

(b)Funds deposited under this section may be used for the payment of workers' compensation benefits to state employees.

Legislative history

Added by Acts 1997, 75th Leg., ch. 1098, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 953, Sec. 4, eff. Sept. 1, 1999. Renumbered from Labor Code Sec. 412.012(d) and amended by Acts 2001, 77th Leg., ch. 1017, Sec. 1.02, eff. Sept. 1, 2002.