If an applicant for a certificate of authority to self-insure is a subsidiary, the parent organization of the applicant must guarantee the obligations imposed by this chapter.
Tex. Lab. Code § 407.068
GUARANTEE BY PARENT ORGANIZATION
Known as the Texas Workers' Compensation Act
The act spans §§ 401–419 (623 sections).
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.