Texas § IN.1575.303 - PAYMENTS FROM FUND
Full text of Texas The Texas Constitution § IN.1575.303 — PAYMENTS FROM FUND, with citation guidance and answers to common questions.
§ IN.1575.303. PAYMENTS FROM FUND
PAYMENTS FROM FUND. (a) The following shall, without state fiscal year limitation, be paid from the fund: (1) the appropriate premiums to a carrier providing group coverage under a plan under this chapter; (2) claims for benefits under the group coverage; and (3) money spent by the trustee to administer the group program. (b) The appropriate portion of the contributions to the fund to provide for incurred but unreported claim reserves and contingency reserves, as determined by the trustee, shall be retained in the fund. (c) The fund is held in trust for the benefit of participants of the group program and may not be diverted. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003. Amended by Acts 2003, 78th Leg., ch. 1276, Sec. 10A.441, eff. Sept. 1, 2003. Amended by: Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691 ), Sec. 43, eff. September 1, 2005.
Frequently Asked Questions About Texas § IN.1575.303
What does The Texas Constitution § IN.1575.303 cover?
Section IN.1575.303 ("PAYMENTS FROM FUND") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § IN.1575.303?
A common citation format is "The Texas Constitution § IN.1575.303" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § IN.1575.303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.