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Texas Labor Code - Section 407A.463. Guaranty Fund As Party In Interest

Legal Research Home > Texas Lawyer > Labor Code > Texas Labor Code - Section 407A.463. Guaranty Fund As Party In Interest

§ 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.

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Last modified: August 10, 2007