Tex. Fin. Code § 154.156 · Subchapter D. GENERAL PROVISIONS FOR SALES CONTRACTS
WAIVER OF RIGHT OF CANCELLATION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) The purchaser of a prepaid funeral benefits contract may irrevocably waive the purchaser's right to cancel the contract under Section 154.155. The waiver must be in a separate writing signed by the purchaser and the seller and must comply with the plain language requirements for the form of a sales contract under Section 154.151.
(b) A waiver made under this section does not affect:
(1) a right the purchaser has under the contract to change the beneficiary of the contract;
(2) the purchaser's right to cancel the contract under Section 154.413;
(3) an abandonment of the money paid by the purchaser under the contract as provided by Subchapter G; or
(4) a modification to the contract as provided by Section 154.1551.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 2001, 77th Leg., ch. 699, Sec. 9, eff. Sept. 1, 2001.
Amended by:
Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762), Sec. 12, eff. September 1, 2009.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/FI/htm/FI.154.htm
- Text hash
- sha256 9ff1ba6c426190f161d046d28fcda83c3e6b4790b0e0d17264d181ac25c416c1
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
This section cites
Provisions in this library that the text above cites, as it prints each citation. A range cited as “ss. 61.13-61.16” links its first and last provisions.
Finance Code
- Tex. Fin. Code § 154.151FORM OF CONTRACT.Printed as Section 154.151
- Tex. Fin. Code § 154.155CANCELLATION OF CONTRACT.Printed as Section 154.155
- Tex. Fin. Code § 154.1551MODIFICATION AT TIME OF FUNERAL.Printed as Section 154.1551
- Tex. Fin. Code § 154.413NOTIFICATION OF PURCHASER.Printed as Section 154.413
Cited by 1 provision
Provisions in this library whose text cites Tex. Fin. Code § 154.156. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.