Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES |
Subtitle G. HEALTH COVERAGE AVAILABILITY |
Chapter 1501. HEALTH INSURANCE PORTABILITY AND AVAILABILITY ACT |
Subchapter B. COALITIONS AND COOPERATIVES |
Sec. 1501.053. TEXAS HEALTH BENEFITS PURCHASING COOPERATIVE: EXECUTIVE DIRECTOR AND OTHER EMPLOYEES
Latest version.
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(a) The board of trustees shall employ an executive director. The executive director may hire other employees of the Texas cooperative as necessary.
(b) Salaries for employees of the Texas cooperative and related costs may be paid from administrative fees collected from employers and participating health benefit plan issuers or other sources of funding arranged by the Texas cooperative.
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff. April 1, 2005.