Texas § 154.358 CLAIMS AGAINST FUND.

Texas Statutes

§ 154.358 — CLAIMS AGAINST FUND.

Texas § 154.358

Code FIFinance Code

This text of Texas § 154.358 (CLAIMS AGAINST FUND.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Finance Code Code Ann. § 154.358 (2026).

Text

Sec. 154.358. CLAIMS AGAINST FUND.

(a)The payment of a claim or expense from the fund is a matter of privilege and not of right, and a person does not have a vested right in the fund as a beneficiary or otherwise.

(b)A claim against the fund may be made by:

(1)a purchaser of a prepaid funeral benefits contract;

(2)a purchaser's estate;

(3)a permit holder or funeral provider who assumes or performs a contract; or

(4)a claimant for the benefit of a group of purchasers of prepaid funeral benefits contracts as part of a plan to arrange for another permit holder or funeral provider to assume the contract obligations.

(c)An approved claim or expense relating to a trust-funded contract may be paid only from the fund's trust-funded contract account. An approved claim or expense relating to

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Sec. 154.358. CLAIMS AGAINST FUND. (a) The payment of a claim or expense from the fund is a matter of privilege and not of right, and a person does not have a vested right in the fund as a beneficiary or otherwise.
(b) A claim against the fund may be made by:
(1) a purchaser of a prepaid funeral benefits contract;
(2) a purchaser's estate;
(3) a permit holder or funeral provider who assumes or performs a contract; or
(4) a claimant for the benefit of a group of purchasers of prepaid funeral benefits contracts as part of a plan to arrange for another permit holder or funeral provider to assume the contract obligations.
(c) An approved claim or expense relating to a trust-funded contract may be paid only from the fund's trust-funded contract account. An approved claim or expense relating to an insurance-funded contract may be paid only from the fund's insurance-funded contract account.

Legislative History

Added by Acts 2009, 81st Leg., R.S., Ch. 1190 (H.B. 3762 ), Sec. 29, eff. September 1, 2009. Amended by: Acts 2011, 82nd Leg., R.S., Ch. 559 (H.B. 3004 ), Sec. 5, eff. June 17, 2011.