Texas § 888.102 PAYMENT INSTEAD OF MERCHANDISE OR SERVICES.

Texas Statutes

§ 888.102 — PAYMENT INSTEAD OF MERCHANDISE OR SERVICES.

Texas § 888.102

Code INInsurance Code

This text of Texas § 888.102 (PAYMENT INSTEAD OF MERCHANDISE OR SERVICES.) 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. Insurance Code Code Ann. § 888.102 (2026).

Text

Sec. 888.102. PAYMENT INSTEAD OF MERCHANDISE OR SERVICES.

(a)If a burial association that issues an insurance certificate fails or refuses to provide the merchandise or services specified by the certificate, the association shall pay the benefit in cash.

(b)If a burial association that issues an insurance certificate is not given the opportunity to provide the merchandise or services specified by the certificate, instead of the specified merchandise or services, the association shall pay the greater of:

(1)the total amount paid into its mortuary fund to the credit of that certificate's account; or

(2)the percentage of the certificate's face value specified by the certificate.

Free access — add to your briefcase to read the full text and ask questions with AI

Sec. 888.102. PAYMENT INSTEAD OF MERCHANDISE OR SERVICES. (a) If a burial association that issues an insurance certificate fails or refuses to provide the merchandise or services specified by the certificate, the association shall pay the benefit in cash.
(b) If a burial association that issues an insurance certificate is not given the opportunity to provide the merchandise or services specified by the certificate, instead of the specified merchandise or services, the association shall pay the greater of:
(1) the total amount paid into its mortuary fund to the credit of that certificate's account; or
(2) the percentage of the certificate's face value specified by the certificate.