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Current as of January 01, 2024 | Updated by Findlaw Staff
An amount that is attributable to the portion of the unemployment obligation assessment authorized by Section 203.105(a)(2) may not be transferred to the compensation fund unless all bond obligations, including bond administrative expenses, have been fully paid and satisfied. After the obligations have been fully satisfied, the commission shall transfer the balance of the obligation trust fund to the compensation fund.
Cite this article: FindLaw.com - Texas Labor Code - LAB § 203.104. Limitation on Transfer From Obligation Trust Fund to Compensation Fund - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-203-104/
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