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Texas Finance Code - FIN § 154.306. Liability and Obligations of Comptroller

Current as of January 01, 2024 | Updated by Findlaw Staff

(a) The comptroller is liable to the purchaser or beneficiary of a prepaid funeral benefits contract presumed abandoned under this subchapter only to the extent of money that is attributable to the contract and delivered to the comptroller.

(b) The comptroller is not obligated to perform the seller's duties under an abandoned prepaid funeral benefits contract.

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Cite this article: FindLaw.com - Texas Finance Code - FIN § 154.306. Liability and Obligations of Comptroller - last updated January 01, 2024 | https://codes.findlaw.com/tx/finance-code/fin-sect-154-306/

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