Sec. 4151.254.  AGREEMENTS BETWEEN ADMINISTRATORS AND EMPLOYERS.  (a)  In addition to the contract required by Section 4151.253, an administrator may also enter into a contract with an employer in connection with workers' compensation benefits for collecting premium or contributions, adjusting claims, or settling claims, including an employer purchasing a policy authorized under Section 2053.202(b).
(b)  A contract entered into under Subsection (a) must provide that:
(1)  the contract does not limit or modify in any way:
(A)  the insurance carrier's authority or responsibility, including financial responsibility, to comply with each statutory or regulatory requirement; and
(B)  the provisions of the contract entered into between the administrator and the insurance carrier under Section 4151.253; and
(2)  the administrator shall comply with each statutory or regulatory requirement relating to a function assumed by or carried out by the administrator.
Added by Acts 2007, 80th Leg., R.S., Ch. 1176 (H.B. 472), Sec. 1.20, eff. September 1, 2007.