Sec. 2055.004. PLAN OF OPERATION. (a) A group shall:
(1) adopt a plan of operation; and
(2) file a copy of the plan of operation with the department.
(b) The plan of operation must include:
(1) provisions governing the composition and selection of a governing board;
(2) the methods for administering the group; and
(3) guidelines governing the workers' compensation insurance coverage obtained by the group that include provisions governing:
(A) the payment of premiums;
(B) the distribution of discounts; and
(C) the methods for providing risk management.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 17, eff. April 1, 2007.
Redesignated from Labor Code, Section 406A.004 by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.0591(a)(2), eff. September 1, 2007.
Redesignated from Labor Code, Section 406A.004 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.0591(a)(2), eff. September 1, 2007.
Structure Texas Statutes
Title 10 - Property and Casualty Insurance
Subtitle E - Workers' Compensation Insurance
Chapter 2055 - Group Purchase of Workers' Compensation Insurance Coverage
Section 2055.002. Certification Program
Section 2055.003. Formation of Group
Section 2055.004. Plan of Operation
Section 2055.005. Group Purchase Authorized
Section 2055.006. Policy Rates