{"data":{"id":"us-tx/tex.-insurance-code-2055.007","jurisdiction":"us-tx","citation":"Tex. Insurance Code § 2055.007","heading":"GROUP DISCOUNT.","body":"(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.\n(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.\nAdded by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 17, eff. April 1, 2007.\nRedesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 730 (H.B. 2636), Sec. 3B.0591(a)(2), eff. September 1, 2007.\nRedesignated from Labor Code, Section 406A.007 by Acts 2007, 80th Leg., R.S., Ch. 921 (H.B. 3167), Sec. 9.0591(a)(2), eff. September 1, 2007.","path":["INSURANCE CODE","TITLE 10. PROPERTY AND CASUALTY INSURANCE","SUBTITLE E. WORKERS' COMPENSATION INSURANCE","CHAPTER 2055. GROUP PURCHASE OF WORKERS' COMPENSATION INSURANCE COVERAGE"],"source_url":"https://statutes.capitol.texas.gov/Docs/IN/htm/IN.2055.htm#2055.007","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:21Z","sha256":"7786508167d3e30b11080c47a3ae7385b5a984e70b53a8f6df7e989bbf92d063","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-insurance-code-2055.006","next":"us-tx/tex.-insurance-code-2055.008"},"notice":"GroundRules: Original legal text. Not legal advice."}
