Texas Labor Code - Section 407A.003. Merger Of Groups
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§ 407A.003. MERGER OF GROUPS. (a) Subject to the
approval of the commissioner, a group may merge with another group
engaged in the same or a similar type of business if the resulting
group assumes in full all obligations of the merging groups.
(b) The commissioner may conduct a hearing on a proposed
merger and shall conduct a hearing if any party, including a member
of either group, requests a hearing.
Added by Acts 2003, 78th Leg., ch. 275, § 1, eff. Sept. 1, 2003.
Section: 406A.004 406A.005 406A.006 406A.007 406A.008 407A.001 407A.002 407A.003 407A.004 407A.005 407A.006 407A.007 407A.008 407A.051 407A.052
Last modified: August 10, 2007
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