Texas Finance Code

§ 154.102 — PERMIT APPLICATION; FEE

FI § 154.102Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 154. PREPAID FUNERAL SERVICES · Art. C. PERMITS

Statute text

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To obtain a permit to sell or continue to sell prepaid funeral benefits, a person must:

(1)be one of the following, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter E:

(A)a funeral provider;

(B)an insurance company; or

(C)the insurance holding company for an insurance company if the insurance company does not have the authority under its domiciliary law to directly hold a permit issued under this chapter;

(2)be a funeral provider, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter F;

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Legislative history

Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 4, eff. September 1, 2009.