Texas Labor Code - Section 407A.463. Guaranty Fund As Party In Interest
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§ 407A.463. GUARANTY FUND AS PARTY IN INTEREST. (a) The
guaranty fund is a party in interest in a proceeding involving a
workers' compensation claim against an insolvent group whose
compensation obligations have been paid or assumed by the guaranty
fund.
(b) The guaranty fund has the same rights and defenses as
the insolvent group, including the right to:
(1) appear, defend, or appeal a claim;
(2) receive notice of, investigate, adjust,
compromise, settle, or pay a claim; and
(3) investigate, handle, or deny a claim.
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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