Texas Insurance Code § 1579.254 Contributions Held In Trust For Fund

Sec. 1579.254. CONTRIBUTIONS HELD IN TRUST FOR FUND. A participating entity:

(1) shall hold contributions required by this subchapter in trust for the Texas school employees uniform group coverage trust fund and its participants; and

(2) may not divert the contributions for any other purpose.

Added by Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 53, eff. September 1, 2005.

Section: Previous  1579.153  1579.154  1579.201  1579.202  1579.203  1579.204  1579.205  1579.251  1579.252  1579.253  1579.254  1579.255  1579.301  1579.302  1579.303  Next

Last modified: September 28, 2016