Tex. Labor Code § 407.128
This is the official text of Tex. Labor Code § 407.128, part of Texas’s Labor Code — governs wages, workplace safety, and workers' compensation.
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§ 407.128. POSSESSION OF SECURITY BY ASSOCIATION.
Official statutory text
On the assumption of obligations by the association under the commissioner's determination, the association is entitled to immediate possession of any deposited security, and the custodian, surety, or issuer of an irrevocable letter of credit shall deliver the security to the association with any accrued interest.
Status: in_force · Read it on the official government site
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