Mortuary and Expense Funds

Tex. Insurance Code § 887.351, under Provisions Applicable To Certain Mutual Assessment Companies.

Tex. Insurance Code § 887.351

Sec. 887.351. MORTUARY AND EXPENSE FUNDS. An association's bylaws must provide for the method and procedure for allocating assessments between the association's mortuary and expense funds. Added by Acts 2001, 77th Leg., ch. 1419, Sec. 1, eff. June 1, 2003.