Labor Code § 203.028
If the commission thinks contribution or benefit rates may need to change to protect solvency, it must tell the governor and legislature and recommend the change. It should also maintain and create a reserve in the compensation fund, if possible, using accepted actuarial principles and relevant employment and business
- Jurisdiction
- United States — Texas
- Instrument
- Code
- Version
- Undated source snapshot
- Language
- en
- Official source
- View official record ↗
Statute overview
About this statute
If the commission thinks contribution or benefit rates may need to change to protect solvency, it must tell the governor and legislature and recommend the change. It should also maintain and create a reserve in the compensation fund, if possible, using accepted actuarial principles and relevant employment and business statistics.
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Labor Code § 203.028
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