Texas Labor Code - Section 407A.460. Payment Of Benefits Through Guaranty Fund
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§ 407A.460. PAYMENT OF BENEFITS THROUGH GUARANTY
FUND. (a) If the commissioner determines that the payment of
benefits and claims administration shall be made through the
guaranty fund, the guaranty fund assumes the workers' compensation
obligations on behalf of the insolvent group 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 the commissioner.
(b) The guaranty fund shall make payments to claimants whose
entitlement to benefits can be ascertained by the guaranty fund.
(c) Notwithstanding Subsection (a), the guaranty fund is
not liable for the payment of any penalties assessed for any act or
omission on the part of any person other than the guaranty fund.
Added by Acts 2005, 79th Leg., ch. 1055, § 1, eff. Sept. 1, 2005.
Section: 407A.451 407A.452 407A.453 407A.454 407A.455 407A.456 407A.457 407A.458 407A.459 407A.460 407A.461 407A.462 407A.463 407A.464 407A.465
Last modified: August 10, 2007
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