Tex. Ins. Code § 1575.303 · Subchapter G. RETIRED SCHOOL EMPLOYEES GROUP INSURANCE FUND
PAYMENTS FROM FUND.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The following shall, without state fiscal year limitation, be paid from the fund:
(1) the appropriate premiums to a carrier providing group coverage under a plan under this chapter;
(2) claims for benefits under the group coverage; and
(3) money spent by the trustee to administer the group program.
(b) The appropriate portion of the contributions to the fund to provide for incurred but unreported claim reserves and contingency reserves, as determined by the trustee, shall be retained in the fund.
(c) The fund is held in trust for the benefit of participants of the group program and may not be diverted.
Notes and commentary — not statutory text
History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.441, eff. Sept. 1, 2003.
Amended by:
Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 43, eff. September 1, 2005.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.1575.htm
- Text hash
- sha256 c1dfdcdeb59b83e25dc07553b6f7ded4aa91635e72b42869e5ba35e7a2d7a650
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.