Texas Insurance Code

§ 887.060 — ANNUAL STATEMENT

IN § 887.060Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 887. PROVISIONS APPLICABLE TO CERTAIN MUTUAL ASSESSMENT COMPANIES · Art. B. GENERAL POWERS AND DUTIES; OFFICERS AND DIRECTORS

Statute text

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(a)Not later than April 1 of each year, an association shall file with the department a sworn statement of the association's condition on the preceding December 31.

(b)A statement under this section must be on a form provided by the department for that purpose and include a complete account of:

(1)the association's real and contingent assets;

(2)the association's liabilities; and

(3)income to and disbursements from the association's mortuary and expense funds during the year.

Legislative history

Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.