Code: 

Labor Code

Title: 

Title 5. Workers’ Compensation

Section: 

407a.055

Name: 

Premium Requirements

Eff. Date: 

September 1, 2003
§407a.055
Premium Requirements

Each group must have an estimated premium subject to experience modifier of at least $250,000 during the group’s first year of operation. Thereafter, the annual standard premium must be at least $500,000.

Added by Acts 2003, 78th Leg., ch. 275, § 1, eff. Sept. 1, 2003.