1131.853 – CONTRIBUTIONS IF POLICYHOLDER IS TRUSTEE. (a)
Texas Insurance Code § 1131.853
Summary
This law outlines the contribution requirements for employees when their employer is a trustee of an insurance policy fund. It ensures that contributions are based on what would have been required if there had been no work stoppage and the employer's contribution agreement was active.
Applies when the policyholder is a trustee of an insurance fund.
Contributions are based on pre-work stoppage requirements.
Ensures fairness in employee contributions during work stoppages.
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In simple terms: Learn about Texas's CONTRIBUTIONS IF POLICYHOLDER IS TRUSTEE. (a) law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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