Tex. Fin. Code § 154.252 · Subchapter F. TRUST-FUNDED PREPAID FUNERAL BENEFITS
RETENTION OF MONEY FOR EXPENSES.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The seller of a trust-funded prepaid funeral benefits contract may retain for the seller's use and benefit an amount not to exceed one-half of all money collected or paid until the seller has received an amount equal to 10 percent of the total amount the purchaser agreed to pay under the contract.
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. 10, eff. Sept. 1, 2001.
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 dda2608ad390ef2186de6fc8dcf313b48e4ae89364dd885fcd487a25463959ce
- 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
Cited by 4 provisions
Provisions in this library whose text cites Tex. Fin. Code § 154.252. Each shows the citation as that text prints it.
Finance Code
- Tex. Fin. Code § 154.155CANCELLATION OF CONTRACT.Printed as Section 154.252
- Tex. Fin. Code § 154.253DEPOSIT OF MONEY PAID OR COLLECTED.Printed as Section 154.252
- Tex. Fin. Code § 154.262WITHDRAWAL OF MONEY ON DEATH OF BENEFICIARY.Printed as Section 154.252
- Tex. Fin. Code § 154.301PRESUMPTION OF ABANDONMENT.Printed as Section 154.252
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.