Tex. Lab. Code § 203.104

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 203.104 - Limitation on Transfer From Obligation Trust Fund to Compensation Fund

An amount that is attributable to the portion of the unemployment obligation assessment authorized by Section 203.105(a)(2) may not be transferred to the compensation fund unless all bond obligations, including bond administrative expenses, have been fully paid and satisfied. After the obligations have been fully satisfied, the commission shall transfer the balance of the obligation trust fund to the compensation fund.

Tex. Lab. Code § 203.104

Amended By Acts 2003, 78th Leg., ch. 817, Sec. 6.03, eff. 6/20/2003.
Amended by Acts 2003, 78th Leg., ch. 317, Sec. 3, eff. 6/18/2003
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.