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Tex. Labor Code § 407A.003

MERGER OF GROUPS

Texas · Texas Labor Code · Status: effective

Business & Commerce
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Tex. Labor Code § 407A.003, MERGER OF GROUPS, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/687663
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(a) Subject to the approval of the commissioner, a group may merge with another group engaged in the same or a similar type of business if the resulting group assumes in full all obligations of the merging groups. (b) The commissioner may conduct a hearing on a proposed merger and shall conduct a hearing if any party, including a member of either group, requests a hearing.