Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 407.063 - Premium Requirements(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.Amended By Acts 2005, 79th Leg., Ch. 265, Sec. 3.052, eff. 9/1/2005. Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. 9/1/1993.