Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 407.001 - Definitions In this chapter:
(1) "Association" means the Texas Certified Self-Insurer Guaranty Association.(2) Repealed by Acts 2005, 79th Leg., Ch. 265, Sec. 7.01(17), eff. September 1, 2005.(3) "Impaired employer" means a certified self-insurer:(A) who has suspended payment of compensation as determined by the division;(B) who has filed for relief under bankruptcy laws;(C) against whom bankruptcy proceedings have been filed; or(D) for whom a receiver has been appointed by a court of this state.(4) "Incurred liabilities for compensation" means the amount equal to the sum of: (A) the estimated amount of the liabilities for outstanding workers' compensation claims, including claims incurred but not yet reported; and(B) the estimated amount necessary to provide for the administration of those claims, including legal costs.(5) "Qualified claims servicing contractor" means a person who provides claims service for a certified self-insurer, who is a separate business entity from the affected certified self-insurer, and who holds a certificate of authority under Chapter 4151.Amended By Acts 2007, 80th Leg., R.S., Ch. 1176, Sec. 3.02, eff. 9/1/2007.