{"data":{"id":"us-tx/tex.-labor-code-407.062","jurisdiction":"us-tx","citation":"Tex. Labor Code § 407.062","heading":"FINANCIAL STRENGTH AND LIQUIDITY REQUIREMENTS.","body":"In assessing the financial strength and liquidity of an applicant, the commissioner shall consider:\n(1) the applicant's organizational structure and management background;\n(2) the applicant's profit and loss history;\n(3) the applicant's compensation loss history;\n(4) the source and reliability of the financial information submitted by the applicant;\n(5) the number of employees affected by self-insurance;\n(6) the applicant's access to excess insurance markets;\n(7) financial ratios, indexes, or other financial measures that the commissioner finds appropriate; and\n(8) any other information considered appropriate by the commissioner.\nActs 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.\nAmended by:\nActs 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.051, eff. September 1, 2005.","path":["LABOR CODE","TITLE 5. WORKERS' COMPENSATION","SUBTITLE A. TEXAS WORKERS' COMPENSATION ACT","CHAPTER 407. SELF-INSURANCE REGULATION","SUBCHAPTER D. REQUIREMENTS FOR CERTIFICATE OF AUTHORITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407.htm#407.062","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:24Z","sha256":"bc48a9ec44e0e3c7e72f105878531b0cb0c0d56715c3f88caedabf9619c5c0c1","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-labor-code-407.061","next":"us-tx/tex.-labor-code-407.063"},"notice":"GroundRules: Original legal text. Not legal advice."}