Tex. Labor Code Section 407.132
Special Fund


Funds advanced by the association under this subchapter do not become assets of the impaired employer but are a special fund advanced to the commissioner, trustee in bankruptcy, receiver, or other lawful conservator only for the payment of compensation liabilities, including the costs of claims administration and legal costs.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.069, eff. September 1, 2005.

Source: Section 407.132 — Special Fund, https://statutes.­capitol.­texas.­gov/Docs/LA/htm/LA.­407.­htm#407.­132 (accessed Apr. 13, 2024).

Accessed:
Apr. 13, 2024

§ 407.132’s source at texas​.gov