Texas Statutes (Last Updated: January 4, 2014) |
INSURANCE CODE |
Title 6. ORGANIZATION OF INSURERS AND RELATED ENTITIES |
Subtitle E. MUTUAL AND FRATERNAL COMPANIES AND RELATED ENTITIES |
Chapter 888. BURIAL ASSOCIATIONS |
Subchapter D. RATES FOR BURIAL ASSOCIATIONS |
Sec. 888.157. CONTINUATION OF FORMER RATES
Latest version.
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(a) A burial association that had rates adopted and in use before June 12, 1947, may continue to apply those rates to individuals who were members of the burial association on that date.
(b) With the department's approval, the burial association may:
(1) change the rates described by Subsection (a); and
(2) make the new rates correspond to the rate schedule most recently filed by the burial association with the department.
Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.