Texas Statutes
§ 1551.405 — EMPLOYEES' HEALTH CARE STABILIZATION TRUST FUND.
Texas § 1551.405
JurisdictionTexas
Code INInsurance Code
This text of Texas § 1551.405 (EMPLOYEES' HEALTH CARE STABILIZATION TRUST FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Insurance Code Code Ann. § 1551.405 (2026).
Text
Sec. 1551.405. EMPLOYEES' HEALTH CARE STABILIZATION TRUST FUND.
(a)The employees' health care stabilization trust fund is a fund in the state treasury.
(b)The board of trustees shall administer the fund.
(c)The following shall be credited to the fund:
(1)money transferred to the fund at the direction of the legislature; and
(2)gifts and grants contributed to the fund.
(d)In administering the fund, the board of trustees shall make investments in a manner that preserves the purchasing power of the fund's assets.
(e)Money in the fund may not be spent for any purpose, except that the interest and investment returns of the fund may be appropriated only to stabilize the cost of state and participant contributions for health benefit coverage under this chapter by minimizing to the greatest
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Legislative History
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Nearby Sections
15
§ 1551.001
SHORT TITLE.§ 1551.002
PURPOSES.§ 1551.003
GENERAL DEFINITIONS.§ 1551.004
DEFINITION OF DEPENDENT.§ 1551.005
DEFINITION OF HEALTH BENEFIT PLAN.§ 1551.007
DEFINITION OF CARRIER.§ 1551.008
APPLICABILITY OF DEFINITIONS.§ 1551.011
EXEMPTION FROM EXECUTION.§ 1551.012
EXEMPTION FROM STATE TAXES AND FEES.§ 1551.014
EXCLUSIVE REMEDIES.§ 1551.015
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Bluebook (online)
Texas § 1551.405, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/IN/1551.405.