Texas § LA.504.016 - JOINT INSURANCE FUND
Full text of Texas The Texas Constitution § LA.504.016 — JOINT INSURANCE FUND, with citation guidance and answers to common questions.
§ LA.504.016. JOINT INSURANCE FUND
JOINT INSURANCE FUND. (a) Two or more political subdivisions may establish a joint insurance fund as provided by this section. (b) A political subdivision may pay into the fund its proportionate part as due and may contract for the fund, by and through its directors, to make the payments due under this chapter to employees of the political subdivision. (c) The fund may be operated under the rules and bylaws established by the participating political subdivisions. (d) A joint insurance fund created under this section may provide to the Texas Department of Insurance loss data in the same manner as an insurance company writing workers' compensation insurance. The State Board of Insurance shall use the loss data as provided by Subchapter D, Chapter 5, Insurance Code. (e) Except as provided by Subsection (d), a joint insurance fund created under this section is not considered insurance for purposes of any state statute and is not subject to State Board of Insurance rules. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.
Frequently Asked Questions About Texas § LA.504.016
What does The Texas Constitution § LA.504.016 cover?
Section LA.504.016 ("JOINT INSURANCE 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 § LA.504.016?
A common citation format is "The Texas Constitution § LA.504.016" (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 § LA.504.016 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.