(a) A seller, directly or through the seller’s designated agent, shall provide an informational brochure to each potential purchaser of a prepaid funeral benefits contract.
(b) The brochure must:
(1) describe the regulation of prepaid funeral benefits contracts and the trust and insurance funding options available under the law of this state; and
(2) include a reference to the Internet website required under § 154.132.

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Terms Used In Texas Finance Code 154.131

  • Contract: A legal written agreement that becomes binding when signed.

(c) The department:
(1) must approve an informational brochure before the brochure may be used by the seller; and
(2) shall develop a model informational brochure that complies with this section with input from consumers, permit holders, insurers, and funeral providers.