Labor Code § 203.028 — United States — Texas law | Esheria

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
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actuarial reserve management compensation fund reserves

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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