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Section 887.405. Computation of Reserve Liability - Sec. 887.405. COMPUTATION OF RESERVE LIABILITY. (a) Each year, an...
Section 887.406. Increase of Reserves - Sec. 887.406. INCREASE OF RESERVES. (a) If an association does...
Section 887.407. Nonapplicability to Assessment-as-Needed Associations - Sec. 887.407. NONAPPLICABILITY TO ASSESSMENT-AS-NEEDED ASSOCIATIONS. This subchapter does not...
Subchapter J. Conversion to Legal Reserve Insurance Company
Section 887.451. Authorization to Convert or Reinsure - Sec. 887.451. AUTHORIZATION TO CONVERT OR REINSURE. Subject to the...
Section 887.452. Proposal for Conversion or Reinsurance - Sec. 887.452. PROPOSAL FOR CONVERSION OR REINSURANCE. An association's board...
Section 887.454. Members Meeting; Procedures - Sec. 887.454. MEMBERS MEETING; PROCEDURES. (a) In a meeting called...
Section 887.455. Completion and Legal Effect of Conversion or Reinsurance - Sec. 887.455. COMPLETION AND LEGAL EFFECT OF CONVERSION OR REINSURANCE....
Section 887.456. Continuing Obligations of Converted or Reinsured Association - Sec. 887.456. CONTINUING OBLIGATIONS OF CONVERTED OR REINSURED ASSOCIATION. (a)...
Section 887.457. Disbursement of Mortuary Fund - Sec. 887.457. DISBURSEMENT OF MORTUARY FUND. (a) The mortuary fund...
Subchapter K. Conversion to Stock Legal Reserve Life Insurance Company
Section 887.501. Applicability of Subchapter - Sec. 887.501. APPLICABILITY OF SUBCHAPTER. This subchapter applies only to...
Section 887.502. Authorization to Convert - Sec. 887.502. AUTHORIZATION TO CONVERT. An association may convert to...
Section 887.503. Approval by Membership - Sec. 887.503. APPROVAL BY MEMBERSHIP. An association may convert under...
Section 887.504. Amendment of Charter or Articles of Association Required - Sec. 887.504. AMENDMENT OF CHARTER OR ARTICLES OF ASSOCIATION REQUIRED....
Section 887.505. Exchange of Insurance Certificates; Reserves - Sec. 887.505. EXCHANGE OF INSURANCE CERTIFICATES; RESERVES. (a) An association...
Section 887.506. Completion of Conversion - Sec. 887.506. COMPLETION OF CONVERSION. An association becomes a stock...
Section 887.507. Legal Effect of Conversion - Sec. 887.507. LEGAL EFFECT OF CONVERSION. Except as provided by...
Section 887.508. Exemption From Capital and Surplus Requirements - Sec. 887.508. EXEMPTION FROM CAPITAL AND SURPLUS REQUIREMENTS. (a) An...
Section 887.509. Limits on Operation of Converted Association - Sec. 887.509. LIMITS ON OPERATION OF CONVERTED ASSOCIATION. Unless the...
Section 887.510. Increase of Capital and Surplus Required - Sec. 887.510. INCREASE OF CAPITAL AND SURPLUS REQUIRED. (a) An...
Subchapter L. General Financial Regulation
Section 887.551. Hazardous Financial Condition, Supervision, Conservatorship, and Liquidation - Sec. 887.551. HAZARDOUS FINANCIAL CONDITION, SUPERVISION, CONSERVATORSHIP, AND LIQUIDATION. The...
Subchapter O. Penalties
Section 887.701. Unlawful Conversion; Criminal Penalty - Sec. 887.701. UNLAWFUL CONVERSION; CRIMINAL PENALTY. (a) A director, officer,...
Section 887.702. Diversion of Special Funds; Criminal Penalty - Sec. 887.702. DIVERSION OF SPECIAL FUNDS; CRIMINAL PENALTY. (a) A...
Section 887.703. Appropriation of Money; Criminal Penalty - Sec. 887.703. APPROPRIATION OF MONEY; CRIMINAL PENALTY. (a) An officer...
Section 887.704. Violation of Commissioner Order; Criminal Penalty - Sec. 887.704. VIOLATION OF COMMISSIONER ORDER; CRIMINAL PENALTY. (a) A...
Section 887.705. Other Violations; Criminal Penalty - Sec. 887.705. OTHER VIOLATIONS; CRIMINAL PENALTY. (a) A director, officer,...
Chapter 888 - Burial Associations
Subchapter A. General Provisions
Section 888.001. Definitions - Sec. 888.001. DEFINITIONS. In this chapter: (1) "Burial association" means...
Section 888.002. Liberal Construction - Sec. 888.002. LIBERAL CONSTRUCTION. Sections 888.051, 888.052, 888.102(b), 888.151, 888.152,...
Section 888.003. Bylaws of Burial Associations - Sec. 888.003. BYLAWS OF BURIAL ASSOCIATIONS. The bylaws of a...
Section 888.004. Rules to Implement Purposes of Chapter - Sec. 888.004. RULES TO IMPLEMENT PURPOSES OF CHAPTER. The commissioner...
Section 888.005. Applicability of Texas Non-Profit Corporation Act - Sec. 888.005. APPLICABILITY OF TEXAS NON-PROFIT CORPORATION ACT. (a) Except...
Section 888.006. Applicability of Other Law - Sec. 888.006. APPLICABILITY OF OTHER LAW. A burial association is...
Subchapter B. Annual Assessment
Section 888.051. Imposition of Annual Assessment; Amount - Sec. 888.051. IMPOSITION OF ANNUAL ASSESSMENT; AMOUNT. (a) An annual...
Section 888.052. Payment of Annual Assessment - Sec. 888.052. PAYMENT OF ANNUAL ASSESSMENT. (a) Each burial association...
Subchapter C. Insurance Certificates; Payment of Benefits
Section 888.101. Insurance Certificates Issued by Burial Association - Sec. 888.101. INSURANCE CERTIFICATES ISSUED BY BURIAL ASSOCIATION. (a) Except...
Section 888.102. Payment Instead of Merchandise or Services - Sec. 888.102. PAYMENT INSTEAD OF MERCHANDISE OR SERVICES. (a) If...
Section 888.103. Insurance Certificate Forms - Sec. 888.103. INSURANCE CERTIFICATE FORMS. An insurance certificate form used...
Subchapter D. Rates for Burial Associations
Section 888.151. Data Collection Related to Rates - Sec. 888.151. DATA COLLECTION RELATED TO RATES. (a) The commissioner...
Section 888.152. Adoption of Rate Schedule - Sec. 888.152. ADOPTION OF RATE SCHEDULE. (a) The commissioner shall...
Section 888.154. Contracts With Experts and Consultants - Sec. 888.154. CONTRACTS WITH EXPERTS AND CONSULTANTS. The department may...
Section 888.155. Retention of Burial Association's Initial Rate Schedule - Sec. 888.155. RETENTION OF BURIAL ASSOCIATION'S INITIAL RATE SCHEDULE. Each...
Section 888.156. Change of Rates by Burial Association - Sec. 888.156. CHANGE OF RATES BY BURIAL ASSOCIATION. (a) With...
Section 888.157. Continuation of Former Rates - Sec. 888.157. CONTINUATION OF FORMER RATES. (a) A burial association...
Section 888.158. Failure to Comply With Commissioner Rate Orders - Sec. 888.158. FAILURE TO COMPLY WITH COMMISSIONER RATE ORDERS. If...
Subchapter E. Prohibitions
Section 888.201. Unauthorized Providing of Burial or Funeral Benefits - Sec. 888.201. UNAUTHORIZED PROVIDING OF BURIAL OR FUNERAL BENEFITS. An...
Section 888.202. Rate Violations - Sec. 888.202. RATE VIOLATIONS. (a) A burial association or an...
Section 888.203. Connection Between Burial Associations - Sec. 888.203. CONNECTION BETWEEN BURIAL ASSOCIATIONS. (a) A burial association...
Section 888.204. Certain Affiliations Between Burial Associations and Funeral Homes Prohibited - Sec. 888.204. CERTAIN AFFILIATIONS BETWEEN BURIAL ASSOCIATIONS AND FUNERAL HOMES...
Section 888.205. Violation of Chapter; Criminal Penalty - Sec. 888.205. VIOLATION OF CHAPTER; CRIMINAL PENALTY. (a) A director,...