Sec. 2053.251. DEFINITIONS. In this subchapter:
(1) "Insurance company" means a stock company, mutual insurance company, reciprocal or interinsurance exchange, or Lloyd's plan authorized to engage in the business of workers' compensation insurance in this state.
(2) "Premium" means workers' compensation insurance premium.
(3) "Small employer" means an employer:
(A) who is not experience-rated by the department for workers' compensation insurance purposes; and
(B) whose annual premium is less than $5,000.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Section: Previous 2053.151 2053.152 2053.153 2053.154 2053.201 2053.202 2053.203 2053.204 2053.205 2053.206 2053.251 2053.252 2053.253 2053.254 2053.255 NextLast modified: September 28, 2016