Texas Workers' Compensation

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§ 407a.003. Merger Of Groups

(a) Subject to the approval of the commissioner, a group may merge with another group engaged in the same or a similar type of business if the resulting group assumes in full all obligations of the merging groups.

(b) The commissioner may conduct a hearing on a proposed merger and shall conduct a hearing if any party, including a member of either group, requests a hearing.

Added by Acts 2003, 78th Leg., ch. 275, § 1, eff. Sept. 1, 2003.

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At a Glance:

Title:

§ 407a.003. Merger Of Groups

Code:

Labor Code

Status:

Current

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