Texas Insurance Code 888.153 – New or Amended Rate Schedules
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(a) At any time the commissioner considers appropriate, the commissioner may adopt:
(1) a new rate schedule for burial associations; or
(2) an amendment to an existing rate schedule.
(b) After the commissioner adopts a new rate schedule or an amendment to an existing rate schedule and sends a copy to the burial associations, each burial association shall use the new or amended rate schedule for individuals who the association subsequently accepts as members.
Terms Used In Texas Insurance Code 888.153
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.