Tex. Finance Code § 154.101
This is the official text of Tex. Finance Code § 154.101, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.101. PERMIT REQUIREMENT.
Official statutory text
A person must hold a permit issued under this subchapter to:
(1) sell prepaid funeral benefits, or accept money for prepaid funeral benefits, in this state under any contract; or
(2) solicit an individual's designation of prepaid funeral benefits to be provided out of a fund, investment, security, or contract, including a contract or policy of insurance authorized, and sold under a license issued, by the Texas Department of Insurance, to be created or purchased by that individual at the suggestion or solicitation of the seller.
(1) sell prepaid funeral benefits, or accept money for prepaid funeral benefits, in this state under any contract; or
(2) solicit an individual's designation of prepaid funeral benefits to be provided out of a fund, investment, security, or contract, including a contract or policy of insurance authorized, and sold under a license issued, by the Texas Department of Insurance, to be created or purchased by that individual at the suggestion or solicitation of the seller.
Status: in_force · Read it on the official government site
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