CONTRIBUTIONS HELD IN TRUST FOR FUND.
Tex. INS Code § 1579.254.
in effectA participating entity:
(1) shall hold contributions required by this subchapter in trust for the Texas school employees uniform group coverage trust fund and its participants; and
(2) may not divert the contributions for any other purpose.
Added by Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691 ), Sec. 53, eff. September 1, 2005.
