Sec. 888.156. CHANGE OF RATES BY BURIAL ASSOCIATION. (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.
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 888 - Burial Associations
Subchapter D. Rates for Burial Associations
Section 888.151. Data Collection Related to Rates
Section 888.152. Adoption of Rate Schedule
Section 888.154. Contracts With Experts and Consultants
Section 888.155. Retention of Burial Association's Initial Rate Schedule
Section 888.156. Change of Rates by Burial Association
Section 888.157. Continuation of Former Rates
Section 888.158. Failure to Comply With Commissioner Rate Orders