Tex. Lab. Code § 407.128
Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
On the assumption of obligations by the association under the commissioner's determination, the association is entitled to immediate possession of any deposited security, and the custodian, surety, or issuer of an irrevocable letter of credit shall deliver the security to the association with any accrued interest.
Tex. Lab. Code § 407.128