Tex. Fin. Code § 154.265 · Subchapter F. TRUST-FUNDED PREPAID FUNERAL BENEFITS
DEFAULT UNDER CERTAIN CONTRACTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Notwithstanding any other law, the purchaser of a trust-funded prepaid funeral benefits contract may not be considered in default under the contract if:
(1) the purchaser has paid at least 85 percent of the contract price; and
(2) the purchaser was unable to pay due to extenuating financial circumstances.
(b) A funeral provider is not required to provide funeral merchandise or services under a trust-funded prepaid funeral benefits contract unless any remaining balance, including any applicable finance charge, owed under the contract is paid before the funeral service or the funeral provider agrees in writing to another payment arrangement.
(c) This section does not affect a purchaser's right to cancel a trust-funded prepaid funeral benefits contract.
Notes and commentary — not statutory text
History
Added by Acts 2009, 81st Leg., R.S., Ch. 263 (H.B. 1468), Sec. 1, 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 121151084bd7de039dfae8e0b06e21347f97947f1a11e1d6aff2f0384aeed531
- 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
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.