Sec. 407.133. SUSPENSION OR REVOCATION OF CERTIFICATE FOR FAILURE TO PAY ASSESSMENT. (a) The commissioner may suspend or revoke the certificate of authority to self-insure of a certified self-insurer who fails to pay an assessment. The association promptly shall report such a failure to the director.
(b) A certified self-insurer whose certificate of authority to self-insure is revoked or surrendered remains liable for any unpaid assessments made against an impaired employer who becomes an impaired employer before the date of the revocation or surrender.
(c) Repealed by Acts 1995, 74th Leg., ch. 76, Sec. 9.52(b), eff. Sept. 1, 1995.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993. Amended by Acts 1995, 74th Leg., ch. 76, Sec. 9.52(b), eff. Sept. 1, 1995.
Amended by:
Acts 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.070, eff. September 1, 2005.
Structure Texas Statutes
Title 5 - Workers' Compensation
Subtitle A - Texas Workers' Compensation Act
Chapter 407 - Self-Insurance Regulation
Subchapter G. Texas Certified Self-Insurer Guaranty Association
Section 407.121. Guaranty Association
Section 407.122. Board of Directors
Section 407.124. Impaired Employer; Assessments
Section 407.125. Payment of Assessments
Section 407.126. Trust Fund; Fee; Schedule
Section 407.127. Payment of Benefits Through Association
Section 407.128. Possession of Security by Association
Section 407.129. Release of Claim Information to Association
Section 407.130. Association as Party in Interest
Section 407.133. Suspension or Revocation of Certificate for Failure to Pay Assessment