Tex. Lab. Code § 407A.464 · Subchapter J. TEXAS SELF-INSURANCE GROUP GUARANTY FUND
PREFERENCES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Benefit payments made by the guaranty fund under this subchapter are entitled to the same preference over other debts of the insolvent group as provided by law to benefit payments owed by the insolvent group to the person entitled to the benefits.
(b) The guaranty fund has the priority status provided by Section 8, Article 21.28, Insurance Code.
Notes and commentary — not statutory text
History
Added by Acts 2005, 79th Leg., Ch. 1055 (H.B. 1353), Sec. 1, 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/LA/htm/LA.407A.htm
- Text hash
- sha256 54573d3ec754bcafab84657494c8237fbf0629750c8f6d5b7d93c723d5f788a3
- 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.