Tex. Lab. Code § 407A.353 · Subchapter H. RATES; REFUNDS; PREMIUM PAYMENTS; RESERVES; DEFICITS
REFUNDS.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The board of trustees may declare refundable any money for a fund year in excess of the amount necessary to fund all obligations.
(b) The board of trustees shall give each member a written description of the group's refund plan at the time of application for membership.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407A.htm
- Text hash
- sha256 7fda04313d4290c47df16e355ef7e93203ce37b58ac9b9c47d96665942af3efc
- 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.