Sec. 962.002.  JOB PROTECTION INSURANCE DEFINED.  (a)  In this chapter, "job protection insurance" means insurance providing indemnity that is:
(1)  paid for loss of position arising from discharge or suspension;
(2)  payable in installments that do not exceed the average monthly wage of the insured; and
(3)  provided to:
(A)  conductors, engineers, motormen, brakemen, switchmen, firemen, dispatchers, clerks, operators, trackmen, signalmen, and maintenance-of-way personnel of steam and electric railways; and
(B)  bus drivers and truck drivers employed by common carriers.
(b)  The term "job protection insurance" does not include a job benefit fund administered by and through a labor union only for the union's members.
Added by Acts 2005, 79th Leg., Ch. 727 (H.B. 2017), Sec. 16, eff. April 1, 2007.