Tex. Finance Code § 154.051
This is the official text of Tex. Finance Code § 154.051, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.051. ADMINISTRATION OF CHAPTER; FEES.
Official statutory text
(a) The department shall administer this chapter.
(b) The commission may adopt reasonable rules concerning:
(1) fees to defray the cost of administering this chapter;
(2) the keeping and inspection of records relating to the sale of prepaid funeral benefits;
(3) the filing of contracts and reports;
(4) changes in the management or control of an organization; and
(5) any other matter relating to the enforcement and administration of this chapter.
(c) The department may not maintain unnecessary fund balances. Fee amounts must be set in accordance with this requirement.
(b) The commission may adopt reasonable rules concerning:
(1) fees to defray the cost of administering this chapter;
(2) the keeping and inspection of records relating to the sale of prepaid funeral benefits;
(3) the filing of contracts and reports;
(4) changes in the management or control of an organization; and
(5) any other matter relating to the enforcement and administration of this chapter.
(c) The department may not maintain unnecessary fund balances. Fee amounts must be set in accordance with this requirement.
Status: in_force · Read it on the official government site
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