154.053 – RECORDS; EXAMINATION. (a) A permit holder that
Texas Finance Code § 154.053
Summary
This law mandates that permit holders with outstanding prepaid funeral benefit contracts maintain specific records. It also requires the department to conduct examinations of these records at least every 18 months, with more frequent checks for those rated as higher risk.
Permit holders must keep detailed records of prepaid funeral contracts.
Department exams occur at least every 18 months.
More frequent exams for permit holders with low risk ratings.
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In simple terms: Learn about Texas's RECORDS; EXAMINATION. (a) A permit holder that law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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