Sec. 154.306. LIABILITY AND OBLIGATIONS OF COMPTROLLER. (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.
Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 154.264 154.265 154.301 154.302 154.303 154.304 154.305 154.306 154.307 154.351 154.352 154.3525 154.353 154.354 154.355 NextLast modified: September 28, 2016