(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.
DURATION AND TERMINATION OF GROUP ACCOUNT
Known as the Texas Unemployment Compensation Act
The act spans §§ 201–215 (345 sections).
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff
(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.
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.