Texas Insurance Code

§ 887.351 — MORTUARY AND EXPENSE FUNDS

IN § 887.351Title 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. H. MORTUARY AND EXPENSE FUNDS

Statute text

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An association's bylaws must provide for the method and procedure for allocating assessments between the association's mortuary and expense funds.

Legislative history

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