Tex. Finance Code § 154.252
This is the official text of Tex. Finance Code § 154.252, part of Texas’s Finance Code — regulates banks and other financial institutions.
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§ 154.252. RETENTION OF MONEY FOR EXPENSES.
Official statutory text
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.
Status: in_force · Read it on the official government site
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