Sec. 2054.454. DEPOSIT AND USE OF PENALTIES COLLECTED BY DIVISION. A penalty collected under Section 2054.452(b):
(1) must be deposited in the Texas Department of Insurance operating account; and
(2) may be appropriated only to the division of workers' compensation of the department to offset the costs of the program under Section 2054.451.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 2, eff. April 1, 2007.
Amended by:
Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.054(c), eff. September 1, 2007.
Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.054(c), eff. September 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2054 - Texas Mutual Insurance Company
Subchapter J. Control of Fraud and Other Violations
Section 2054.451. Identification and Investigation Program for Fraud and Other Violations
Section 2054.452. Investigations; Coordination
Section 2054.453. Restitution Payable to Company
Section 2054.454. Deposit and Use of Penalties Collected by Division
Section 2054.455. Funding Agreements for Criminal Prosecutions