Labor Code § 407A.153
The board of trustees may not extend credit to individual members for premium payments, unless the commissioner has approved the payment plan, and may not borrow money from the group or in its name without first telling the commissioner and getting prior approval, except in the ordinary course of business.
- Jurisdiction
- United States — Texas
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- Code
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- Language
- en
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borrowing credit prohibited activities
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Labor Code § 407A.153
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