Texas Finance Code

§ 154.151 — FORM OF CONTRACT

FI § 154.151Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 154. PREPAID FUNERAL SERVICES · Art. D. GENERAL PROVISIONS FOR SALES CONTRACTS

Statute text

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(a)The department must approve a sales contract form for prepaid funeral benefits before the form is used.

(b)A sales contract for prepaid funeral benefits must:

(1)be in writing;

(2)state the name of the funeral provider or other person primarily responsible for providing the prepaid funeral benefits specified in the contract; and

(3)state the details of the prepaid funeral benefits to be provided, including a description and specifications of the material used in the caskets or grave vaults to be furnished.

(c)If a funeral provider designated in the contract to provide prepaid funeral benefits is not the seller licensed under this chapter, the funeral provider must:

…

Legislative history

Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 8, eff. September 1, 2009.