Tex. Fin. Code § 154.252

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 154.252 - Retention of Money for Expenses

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.

Tex. Fin. Code § 154.252

Amended by Acts 2001, 77th Leg., ch. 699, Sec. 10, eff. 9/1/2001.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. 9/1/1997.