Sec. 407A.002. APPLICATION OF CHAPTER; ESTABLISHMENT OF PRIVATE GROUP. (a) An unincorporated association or business trust composed of five or more private employers may establish a workers' compensation self-insurance group under this chapter if the employers:
(1) are engaged in the same or a similar type of business;
(2) are members of a bona fide trade or professional association that has been in existence in this state for purposes other than insurance for at least five years before the establishment of the group; and
(3) enter into agreements to pool their liabilities for workers' compensation benefits and employers' liability in this state.
(b) This chapter does not apply to public employees or governmental entities.
Added by Acts 2003, 78th Leg., ch. 275, Sec. 1, eff. Sept. 1, 2003.
Structure Texas Statutes
Title 5 - Workers' Compensation
Subtitle A - Texas Workers' Compensation Act
Chapter 407A - Group Self-Insurance Coverage
Subchapter A. General Provisions
Section 407A.002. Application of Chapter; Establishment of Private Group
Section 407A.003. Merger of Groups
Section 407A.004. Group Not Insurer
Section 407A.005. Certificate of Approval Required
Section 407A.006. Service of Process
Section 407A.009. Certificate of Authority Required for Certain Administrators and Service Companies