Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 10. PROPERTY AND CASUALTY INSURANCE |
Subtitle E. WORKERS' COMPENSATION INSURANCE |
Chapter 2055. GROUP PURCHASE OF WORKERS' COMPENSATION INSURANCE COVERAGE |
Sec. 2055.004. PLAN OF OPERATION
Latest version.
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(a) A group shall:
(1) adopt a plan of operation; and
(2) file a copy of the plan of operation with the department.
(b) The plan of operation must include:
(1) provisions governing the composition and selection of a governing board;
(2) the methods for administering the group; and
(3) guidelines governing the workers' compensation insurance coverage obtained by the group that include provisions governing:
(A) the payment of premiums;
(B) the distribution of discounts; and
(C) the methods for providing risk management.
Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 17, eff. April 1, 2007. Redesignated from Labor Code, Section 406A.004 by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 3B.0591(a)(2), eff. September 1, 2007. Redesignated from Labor Code, Section 406A.004 by Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.0591(a)(2), eff. September 1, 2007.