Sec. 887.154. MEMBERSHIP RECORDS. An association shall keep: (1) a complete and correct roster of the association's members, with proper statistical records for determining by age or some other method the proper cost of insurance; (2) accurate records of classes of memberships; and (3) records of amounts of assessments paid by each member and by each class that show: (A) how the funds are distributed between mortuary and expense funds for each class; and (B) the amounts paid out of the funds of the whole membership or each class in death claims or other benefits.
‹ Prev All Texas sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.