Tex. Insurance Code § 887.154
This is the official text of Tex. Insurance Code § 887.154, part of Texas’s Insurance Code — regulates insurance companies and the policies they sell.
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§ 887.154. MEMBERSHIP RECORDS.
Official statutory text
An association shall keep:
(1) a complete and correct roster of the association's members, with proper statistical records for determining by age or some other method the proper cost of insurance;
(2) accurate records of classes of memberships; and
(3) records of amounts of assessments paid by each member and by each class that show:
(A) how the funds are distributed between mortuary and expense funds for each class; and
(B) the amounts paid out of the funds of the whole membership or each class in death claims or other benefits.
(1) a complete and correct roster of the association's members, with proper statistical records for determining by age or some other method the proper cost of insurance;
(2) accurate records of classes of memberships; and
(3) records of amounts of assessments paid by each member and by each class that show:
(A) how the funds are distributed between mortuary and expense funds for each class; and
(B) the amounts paid out of the funds of the whole membership or each class in death claims or other benefits.
Status: in_force · Read it on the official government site
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