Texas Finance Code
§ 154.208 — ADVISORY COMMITTEE
FI § 154.208Title 3. FINANCIAL INSTITUTIONS AND BUSINESSES · Part E. OTHER FINANCIAL BUSINESSES · Ch. 154. PREPAID FUNERAL SERVICES · Art. E. INSURANCE-FUNDED PREPAID FUNERAL BENEFITS
Statute text
View on source(a)The commissioner shall appoint an advisory committee to review and make recommendations regarding the technical procedures and processes employed by the department to regulate insurance-funded prepaid funeral benefits and monitor compliance of sellers of insurance-funded contracts under this chapter, including recommendations relating to:
(1)the relevance and usefulness of records that the department requires a seller to maintain for examination purposes;
(2)the existence and identification of any specific record that an insurance company is required to maintain and produce under the Insurance Code that could be substituted as a record that meets the objectives and requirements of the department under this chapter;
(3)the scope, efficiency, and effectiveness of examination procedures employed by the department to verify compliance with this chapter; and
(4)any other matter submitted to the committee by the commissioner.
(b)The advisory committee is composed of eight members appointed by the commissioner as follows:
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Legislative history
Added by Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 21, eff. September 1, 2009.