Texas Finance Code 154.158 – Enforcement of Contract
Current as of: 2024 | Check for updates
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Terms Used In Texas Finance Code 154.158
- Contract: A legal written agreement that becomes binding when signed.
A seller that violates § 154.101 may not enforce a prepaid funeral benefits contract, but the purchaser or an heir or legal representative of the purchaser is entitled to recover:
(1) the amount paid to the seller under the contract; and
(2) the amount paid to a fund or for an investment, security, or contract, including a contract or policy of insurance authorized by the Texas Department of Insurance.