Tex. Insurance Code § 1575.206: CONTRIBUTIONS HELD IN TRUST FOR FUND.
Where this section sits in the code
- INSURANCE CODE
- TITLE 8. HEALTH INSURANCE AND OTHER HEALTH COVERAGES
- SUBTITLE H. HEALTH BENEFITS AND OTHER COVERAGES FOR GOVERNMENTAL EMPLOYEES
- CHAPTER 1575. TEXAS PUBLIC SCHOOL EMPLOYEES GROUP BENEFITS PROGRAM
- SUBCHAPTER E. CONTRIBUTIONS
An employing public school and its governing body:
(1) hold contributions required by this subchapter in trust for the fund and its participants; and
(2) may not divert the contributions for any other purpose.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 3, eff. June 1, 2003.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 455 (S.B. 1667), Sec. 22, eff. September 1, 2011.
Collected 2026-08-27T01:47:21Z. Source file · JSON