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2021 Texas Statutes
Insurance Code
Title 8 - Health Insurance and Other Health Coverages
Subtitle H - Health Benefits and Other Coverages for Governmental Employees
Chapter 1576 - Group Long-Term Care Insurance for Public School Employees
Section 1576.010. Group Long-Term Care Insurance Program Fund
Universal Citation: TX Ins Code § 1576.010 (2021)
Sec. 1576.010. GROUP LONG-TERM CARE INSURANCE PROGRAM FUND. (a) The group long-term care insurance program fund is a trust fund with the comptroller.
(b) The trustee shall administer the fund on behalf of the participants in the plan of insurance coverage provided under this chapter.
(c) The following shall be credited to the fund:
(1) money recovered under contracts for providing insurance coverage under this chapter; and
(2) investment and depository income.
Added by Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 47, eff. September 1, 2005.
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