Texas § IN.2054.253 - MULTITIERED PREMIUM SYSTEMS
Full text of Texas The Texas Constitution § IN.2054.253 — MULTITIERED PREMIUM SYSTEMS, with citation guidance and answers to common questions.
§ IN.2054.253. MULTITIERED PREMIUM SYSTEMS
MULTITIERED PREMIUM SYSTEMS. (a) Notwithstanding any other provision of this code or another insurance law of this state, the company may establish multitiered premium systems to price workers' compensation insurance policies to: (1) insureds in the company's competitive programs; and (2) insureds to whom policies are offered by the company under Subchapter H. (b) The systems may provide for a higher or lower premium payment by an insured based on the company's evaluation of the underwriting characteristics of the individual risk and the appropriate premium to be charged for the policy coverages. (c) The systems must be filed in accordance with Subchapter A , Chapter 2053 . 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.0531, eff. September 1, 2007. Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167 ), Sec. 9.0531, eff. September 1, 2007.
Frequently Asked Questions About Texas § IN.2054.253
What does The Texas Constitution § IN.2054.253 cover?
Section IN.2054.253 ("MULTITIERED PREMIUM SYSTEMS") 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.2054.253?
A common citation format is "The Texas Constitution § IN.2054.253" (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.2054.253 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.