Sec. 407.041. APPLICATION. (a) An employer who desires to self-insure under this chapter must submit an application to the division for a certificate of authority to self-insure.
(b) The application must be:
(1) submitted on a form adopted by the commissioner; and
(2) accompanied by a nonrefundable $1,000 application fee.
(c) Not later than the 60th day after the date on which the application is received, the commissioner shall approve or deny the application.
(d) During the pendency of the approval or denial of the application, the applicant may not operate as a self-insurer under this chapter.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Amended by:
Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.043, eff. September 1, 2005.
Section: Previous 407.001 407.023 407.024 407.041 407.042 407.043 407.044 407.045 407.046 407.047 407.061 407.062 407.063 407.064 407.065 NextLast modified: September 28, 2016