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Tex. Insurance Code § 1576.010

GROUP LONG-TERM CARE INSURANCE PROGRAM FUND

Texas · Texas Insurance Code · Status: effective

Banking, Finance & Insurance
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Tex. Insurance Code § 1576.010, GROUP LONG-TERM CARE INSURANCE PROGRAM FUND, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/683136
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(a) The group long-term care insurance program fund is a trust fund with the comptroller. (b) The trustee shall administer the fund on behalf of the participants in the plan of insurance coverage provided under this chapter. (c) The following shall be credited to the fund: (1) money recovered under contracts for providing insurance coverage under this chapter; and (2) investment and depository income.