407.082
(a) Each certified self-insurer shall maintain the books, records, and payroll information necessary to compile the annual report required under Section 407.081 and any other information reasonably required by the commissioner. (b) The certified self-insurer may maintain the books, records, and payroll information in locations outside this state. (c) The material maintained by the certified […]
407.101
(a) The workers’ compensation self-insurance fund is a fund in the state treasury. The fund may be used only for the regulation of certified self-insurers. (b) The department shall deposit the application fee for a certificate of authority to self-insure in the Texas Department of Insurance operating account to the credit of the division. (c) […]
407.102
(a) Each certified self-insurer shall pay an annual fee to cover the administrative costs incurred by the division in implementing this chapter. (b) The division shall base the fee on the total amount of income benefit payments made in the preceding calendar year. The division shall assess each certified self-insurer a pro rata share based […]
407.103
(a) Each certified self-insurer shall pay a self-insurer maintenance tax for the administration of the division and the office of injured employee counsel and to support the prosecution of workers’ compensation insurance fraud in this state. Not more than two percent of the total tax base of all certified self-insurers, as computed under Subsection (b), […]
407.104
(a) The regulatory fee imposed by Section 407.102 and the taxes imposed by Section 407.103 are due on the 60th day after the issuance of a certificate of authority to self-insure and on the 60th day after each annual renewal date. (b) The department shall compute the fee and taxes of a certified self-insurer and […]
407.122
(a) The members of the association shall elect a board of directors. (b) The board of directors is composed of the following voting members: (1) three certified self-insurers; (2) one member designated by the commissioner; and (3) the public counsel of the office of public insurance counsel. (c) Repealed by Acts 2005, 79th Leg., ch. […]
407.123
(a) The board of directors may adopt rules for the operation of the association. (b) Rules adopted by the board are subject to the approval of the commissioner. Acts 1993, 73rd Leg., ch. 269, § 1, eff. Sept. 1, 1993. Amended by Acts 2005, 79th Leg., ch. 265, § 3.064, eff. Sept. 1, 2005.
407.124
(a) On determination by the division that a certified self-insurer has become an impaired employer, the commissioner shall secure release of the security deposit required by this chapter and shall promptly estimate: (1) the amount of additional funds needed to supplement the security deposit; (2) the available assets of the impaired employer for the purpose […]
407.127
(a) If the commissioner determines that the payment of benefits and claims administration shall be made through the association, the association assumes the workers’ compensation obligations of the impaired employer and shall begin the payment of the obligations for which it is liable not later than the 30th day after the date of notification by […]
407.128
On the assumption of obligations by the association under the commissioner’s determination, the association is entitled to immediate possession of any deposited security, and the custodian, surety, or issuer of an irrevocable letter of credit shall deliver the security to the association with any accrued interest. Acts 1993, 73rd Leg., ch. 269, § 1, eff. […]