DETERMINATION OF NET LOSS
Known as the Health Insurance Portability and Availability Act
The act spans §§ 1501.001 to 1501.616 (129 sections).
Added by Acts 2003, 78th Leg., ch. 1274, Sec. 3, eff
(a) Not later than March 1 of each year, the board shall determine the system's net loss for the preceding calendar year, including administrative expenses and incurred losses for the year, and report the net loss to the commissioner.
(b) In determining the net loss, the board shall take into account investment income and other appropriate gains and losses.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.