Section 2055.007 - Group Discount(a) A group that purchases a policy under this chapter is entitled to any premium or volume discount that would be applicable to a policy of the combined premium amount.(b) A group shall apportion any discount or policyholder dividend received on workers' compensation insurance coverage among the members of the group according to a formula adopted in the plan of operation for the group.Tex. Ins. Code § 2055.007
Redesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 730, Sec. 3B.0591(a)(2), eff. 9/1/2007.Redesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 921, Sec. 9.0591(a)(2), eff. 9/1/2007.Added by Acts 2005, 79th Leg., Ch. 727, Sec. 17, eff. 4/1/2007.