Tex. Health & Safety Code § 712.004 · Subchapter A. GENERAL PROVISIONS
PERPETUAL CARE TRUST FUND REQUIRED.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) Before obtaining a corporate charter, the incorporators of a corporation chartered on or after September 3, 1945, and before September 1, 1993, must establish a fund by permanently depositing in cash with the trustee of the fund:
(1) $15,000, if the corporation has capital stock of $15,000;
(2) $30,000, if the corporation has capital stock of $30,000; or
(3) $50,000, if the corporation has capital stock of $50,000 or more.
(b) Before obtaining a corporate charter, the incorporators of a corporation chartered on or after September 1, 1993, must establish a fund by permanently depositing in cash with the trustee of the fund an amount of not less than $50,000 for each perpetual care cemetery operated in this state.
(c) The fund shall be permanently set aside and deposited in trust with the trustee in accordance with Subchapter B.
Notes and commentary — not statutory text
History
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 634, Sec. 28, eff. Sept. 1, 1993.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/HS/htm/HS.712.htm
- Text hash
- sha256 08bf2f9abecb2332f88a81e1ac6c2e0e1f8b2085723ff2d734e1f3487f7c80ca
- 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 3 provisions
Provisions in this library whose text cites Tex. Health & Safety Code § 712.004. Each shows the citation as that text prints it.
Health and Safety Code
- Tex. Health & Safety Code § 712.003REGISTRATION REQUIRED; MINIMUM CAPITAL.Printed as Section 712.004
- Tex. Health & Safety Code § 712.022OPERATION OF PERPETUAL CARE CEMETERY.Printed as Section 712.004
- Tex. Health & Safety Code § 712.0355REGULATORY LIMITS ON DISTRIBUTIONS.Printed as Sections 712.004 and 712.028
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.