{"data":{"id":"us-tx/tex.-labor-code-407.128","jurisdiction":"us-tx","citation":"Tex. Labor Code § 407.128","heading":"POSSESSION OF SECURITY BY ASSOCIATION.","body":"On the assumption of obligations by the association under the commissioner's determination, the association is entitled to immediate possession of any deposited security, and the custodian, surety, or issuer of an irrevocable letter of credit shall deliver the security to the association with any accrued interest.\nActs 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.\nAmended by:\nActs 2005, 79th Leg., Ch. 265 (H.B. 7), Sec. 3.068, eff. September 1, 2005.","path":["LABOR CODE","TITLE 5. WORKERS' COMPENSATION","SUBTITLE A. TEXAS WORKERS' COMPENSATION ACT","CHAPTER 407. SELF-INSURANCE REGULATION","SUBCHAPTER G. TEXAS CERTIFIED SELF-INSURER GUARANTY ASSOCIATION"],"source_url":"https://statutes.capitol.texas.gov/Docs/LA/htm/LA.407.htm#407.128","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:24Z","sha256":"ae4af701aab8b3eadf570591bd029ce3e52c302dffa710364aa1b9784b4db0b5","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-labor-code-407.127","next":"us-tx/tex.-labor-code-407.129"},"notice":"GroundRules: Original legal text. Not legal advice."}