Monies advanced by the association under this chapter do not become assets of the insolvent group but constitute a special fund advanced to the commissioner, receiver, or other statutory successor only for the payment of compensation liabilities, including the costs of claim administration and legal costs.
Tex. Lab. Code § 407A.465
SPECIAL FUND
Known as the Texas Workers' Compensation Act
The act spans §§ 401.001 to 419.007 (623 sections).
Added by Acts 2005, 79th Leg., Ch. 1055 (H.B. 1353), 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.