Sec. 887.060. ANNUAL STATEMENT. (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.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.
Structure Texas Statutes
Title 6 - Organization of Insurers and Related Entities
Subtitle E - Mutual and Fraternal Companies and Related Entities
Chapter 887 - Provisions Applicable to Certain Mutual Assessment Companies
Subchapter B. General Powers and Duties; Officers and Directors
Section 887.052. Amendment of Bylaws
Section 887.054. Financial Officer; Bond
Section 887.055. Bond Requirements for Certain Persons
Section 887.056. Recovery on Bond
Section 887.058. Change of Association's Name
Section 887.059. Books and Records
Section 887.060. Annual Statement
Section 887.061. Report on Condition of Association