Texas Insurance Code

§ 888.156 — CHANGE OF RATES BY BURIAL ASSOCIATION

IN § 888.156Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES · Part E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES · Ch. 888. BURIAL ASSOCIATIONS · Art. D. RATES FOR BURIAL ASSOCIATIONS

Statute text

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(a)With the department's consent, a burial association may change its rates by adopting a new rate schedule and filing that schedule with the department.

(b)The new rate schedule must be similar in all respects to the initial schedule adopted by the burial association and each new rate must be not less than the minimum or more than the maximum rate adopted by the commissioner.

Legislative history

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