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Texas Labor Code - LAB § 403.001. Funds

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) Except as provided by Sections 403.006, 403.007, and 403.008, or as otherwise provided by law, money collected under this subtitle, including surcharges and advance deposits for purchase of services, shall be deposited in the general revenue fund of the state treasury to the credit of the Texas Department of Insurance operating account.

(b) The money may be spent as authorized by legislative appropriation on warrants issued by the comptroller under requisitions made by the commissioner of insurance.

(c) Money deposited in the general revenue fund under this section may be used to satisfy the requirements of Section 201.052, Insurance Code.

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Cite this article: FindLaw.com - Texas Labor Code - LAB § 403.001. Funds - last updated January 01, 2024 | https://codes.findlaw.com/tx/labor-code/lab-sect-403-001/

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