Texas Labor Code 407.063 – Premium Requirements
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(a) In addition to meeting the other certification requirements imposed under this chapter, an applicant for an initial certificate of authority to self-insure must present evidence satisfactory to the commissioner of a total unmodified workers’ compensation insurance premium in this state in the calendar year of application of at least $500,000.
(b) Instead of the state premium required under this section, the applicant may present evidence of a total unmodified national workers’ compensation insurance premium of at least $10 million.
Terms Used In Texas Labor Code 407.063
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Year: means 12 consecutive months. See Texas Government Code 311.005
(c) Expired.