Texas Labor Code 407A.463 – Guaranty Fund as Party in Interest
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(a) The guaranty fund is a party in interest in a proceeding involving a workers’ compensation claim against an insolvent group whose compensation obligations have been paid or assumed by the guaranty fund.
(b) The guaranty fund has the same rights and defenses as the insolvent group, including the right to:
(1) appear, defend, or appeal a claim;
(2) receive notice of, investigate, adjust, compromise, settle, or pay a claim; and
(3) investigate, handle, or deny a claim.
Terms Used In Texas Labor Code 407A.463
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.