Texas Statutes (Last Updated: January 4, 2014) |
LABOR CODE |
Title 4. EMPLOYMENT SERVICES AND UNEMPLOYMENT |
Subtitle A. TEXAS UNEMPLOYMENT COMPENSATION ACT |
Chapter 205. REIMBURSEMENTS |
Subchapter C. GROUP ACCOUNT |
Sec. 205.022. DURATION AND TERMINATION OF GROUP ACCOUNT
Latest version.
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(a) A group account must remain in effect for not less than two years.
(b) After two years, the account may be terminated at the discretion of the commission or on application by the group. The termination is effective January 1 of the next year.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.