Texas Insurance Code

§ 888.157 — CONTINUATION OF FORMER RATES

IN § 888.157Title 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)A burial association that had rates adopted and in use before June 12, 1947, may continue to apply those rates to individuals who were members of the burial association on that date.

(b)With the department's approval, the burial association may:

(1)change the rates described by Subsection (a); and

(2)make the new rates correspond to the rate schedule most recently filed by the burial association with the department.

Legislative history

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