Tex. Labor Code § 407A.464
This is the official text of Tex. Labor Code § 407A.464, part of Texas’s Labor Code — governs wages, workplace safety, and workers' compensation.
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§ 407A.464. PREFERENCES.
Official statutory text
(a) Benefit payments made by the guaranty fund under this subchapter are entitled to the same preference over other debts of the insolvent group as provided by law to benefit payments owed by the insolvent group to the person entitled to the benefits.
(b) The guaranty fund has the priority status provided by Section 8, Article 21.28, Insurance Code.
(b) The guaranty fund has the priority status provided by Section 8, Article 21.28, Insurance Code.
Status: in_force · Read it on the official government site
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