Sec. 2055.007. GROUP DISCOUNT

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(a) A group that purchases a policy under this chapter is entitled to any premium or volume discount that would be applicable to a policy of the combined premium amount.
(b) A group shall apportion any discount or policyholder dividend received on workers' compensation insurance coverage among the members of the group according to a formula adopted in the plan of operation for the group.

Added by Acts 2005, 79th Leg., Ch. 727 , Sec. 17, eff. April 1, 2007. Redesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 730 , Sec. 3B.0591(a)(2), eff. September 1, 2007. Redesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 921 , Sec. 9.0591(a)(2), eff. September 1, 2007.

                    
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