Texas § 407A.460 PAYMENT OF BENEFITS THROUGH GUARANTY FUND.

Texas Statutes

§ 407A.460 — PAYMENT OF BENEFITS THROUGH GUARANTY FUND.

Texas § 407A.460

Code LALabor Code

This text of Texas § 407A.460 (PAYMENT OF BENEFITS THROUGH GUARANTY 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. Labor Code Code Ann. § 407A.460 (2026).

Text

Sec. 407A.460. PAYMENT OF BENEFITS THROUGH GUARANTY FUND.

(a)If the commissioner determines that the payment of benefits and claims administration shall be made through the guaranty fund, the guaranty fund assumes the workers' compensation obligations on behalf of the insolvent group and shall begin the payment of the obligations for which it is liable not later than the 30th day after the date of notification by the commissioner.

(b)The guaranty fund shall make payments to claimants whose entitlement to benefits can be ascertained by the guaranty fund.

(c)Notwithstanding Subsection (a), the guaranty fund is not liable for the payment of any penalties assessed for any act or omission on the part of any person other than the guaranty fund.

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Sec. 407A.460. PAYMENT OF BENEFITS THROUGH GUARANTY FUND. (a) If the commissioner determines that the payment of benefits and claims administration shall be made through the guaranty fund, the guaranty fund assumes the workers' compensation obligations on behalf of the insolvent group and shall begin the payment of the obligations for which it is liable not later than the 30th day after the date of notification by the commissioner.
(b) The guaranty fund shall make payments to claimants whose entitlement to benefits can be ascertained by the guaranty fund.
(c) Notwithstanding Subsection (a), the guaranty fund is not liable for the payment of any penalties assessed for any act or omission on the part of any person other than the guaranty fund.