Texas Finance Code

§ 154.131 — BROCHURE

FI § 154.131Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 154. PREPAID FUNERAL SERVICES · Art. C-1. PRESALE DISCLOSURES

Statute text

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(a)A seller, directly or through the seller's designated agent, shall provide an informational brochure to each potential purchaser of a prepaid funeral benefits contract.

(b)The brochure must:

(1)describe the regulation of prepaid funeral benefits contracts and the trust and insurance funding options available under the law of this state; and

(2)include a reference to the Internet website required under Section 154.132.

(c)The department:

(1)must approve an informational brochure before the brochure may be used by the seller; and

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Legislative history

Added by Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 7, eff. June 1, 2010.