Sec. 154.102. PERMIT APPLICATION; FEE. To obtain a permit to sell or continue to sell prepaid funeral benefits, a person must:
(1) be one of the following, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter E:
(A) a funeral provider;
(B) an insurance company; or
(C) the insurance holding company for an insurance company if the insurance company does not have the authority under its domiciliary law to directly hold a permit issued under this chapter;
(2) be a funeral provider, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter F;
(3) file an application for a permit with the department on a form prescribed by the department;
(4) pay a filing fee in an amount set by the commission under Section 154.051; and
(5) if applicable, pay extraordinary expenses required for out-of-state investigation of the person.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 867, Sec. 75, eff. Sept. 1, 2001.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 4, eff. September 1, 2009.
Structure Texas Statutes
Title 3 - Financial Institutions and Businesses
Subtitle E - Other Financial Businesses
Chapter 154 - Prepaid Funeral Services
Section 154.101. Permit Requirement
Section 154.102. Permit Application; Fee
Section 154.103. Issuance of Permit
Section 154.104. Term of Permit
Section 154.105. Prohibition on Transfer of Permit
Section 154.106. Transfer of Business Ownership
Section 154.107. Required Renewal for Sellers
Section 154.109. Grounds for Cancellation or Suspension of or Refusal to Renew Permit
Section 154.110. Order to Cancel, Suspend, or Refuse to Renew Permit