Sec. 206.004.  TERMINATION OF COVERAGE.  (a)  An employing unit may cease to be an employer only on January 1 of a year and only if the commission finds that:
(1)  the employing unit was not an employer during the preceding year;  or
(2)  the employing unit has not had any individuals in employment during the preceding three calendar years.
(b)  The commission may not make a finding under Subsection (a)(1) unless the employing unit files an application for termination of coverage with the commission on or after January 1 but before April 1 of the year for which termination is requested.  The commission may make a finding under Subsection (a)(2) without an application having been filed.
Acts 1993, 73rd Leg., ch. 269, Sec. 1, eff. Sept. 1, 1993.