- (a) The group long-term care insurance program fund is a trust fund with the comptroller.
- (b) The trustee shall administer the fund on behalf of the participants in the plan of insurance coverage provided under this chapter.
(c) The following shall be credited to the fund:
- (1) money recovered under contracts for providing insurance coverage under this chapter; and
- (2) investment and depository income.
Added by Acts 2005, 79th Leg., Ch. 1359 (S.B. 1691), Sec. 47, eff. September 1, 2005.