Sec. 154.160. AGENT; DEPOSIT OF MONEY. (a) A seller shall designate one or more agents by name or title. (b) The seller shall notify the department of: (1) the designation not later than the 10th day after the date the seller becomes subject to this chapter; and (2) any change in the designation not later than the 10th day after the date of the change. (c) An agent designated under this section is: (1) considered a fiduciary for purposes of Section 32.45 , Penal Code; and (2) responsible for the deposit of money collected under prepaid funeral benefits contracts.
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