Texas Finance Code 154.102 – Permit Application; Fee
Terms Used In Texas Finance Code 154.102
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
To obtain a permit to sell or continue to sell prepaid funeral benefits, a person must:
(1) be one of the following, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter E:
(A) a funeral provider;
(B) an insurance company; or
(C) the insurance holding company for an insurance company if the insurance company does not have the authority under its domiciliary law to directly hold a permit issued under this chapter;
(2) be a funeral provider, if the person proposes to offer and sell prepaid funeral benefits contracts subject to Subchapter F;
(3) file an application for a permit with the department on a form prescribed by the department;
(4) pay a filing fee in an amount set by the commission under § 154.051; and
(5) if applicable, pay extraordinary expenses required for out-of-state investigation of the person.