(a) An individual has exhausted regular benefits with respect to a benefit period of unemployment in the individual’s eligibility period if the individual:
(1) before that period:
(A) has received all of the regular benefits available to the individual in the individual’s current benefit year that includes the benefit period; or
(B) had a benefit year expire and does not have benefit wage credits sufficient to establish a new benefit year that would include the benefit period;
(2) is not entitled to unemployment benefits or allowances under the Railroad Unemployment Insurance Act (45 U.S.C. § 351 et seq.) or other federal law as specified in regulations issued by the secretary; and
(3) has not received unemployment benefits under the unemployment compensation law of Canada and is not seeking those benefits, or has sought those benefits and the appropriate agency finally determines that the individual is not entitled to benefits under that law.
(b) For the purposes of Subsection (a)(1)(A), an individual is considered to have received all of the regular benefits available to the individual even if, as a result of a pending appeal with respect to benefit wage credits not considered in the original monetary determination in the individual’s benefit year, the individual may subsequently be determined to be entitled to added regular benefits.