Finance Code › Title 3 › Chapter 154 › Subchapter I

Texas Finance Code § 154.404

Criminal Penalty for Failure to Deliver Money to Designated Agent

Prepaid Funeral Services · Criminal Penalties and Civil Remedies

(a) A seller or a person acting on behalf of a seller commits an offense if the seller or person:

(1) collects money under a prepaid funeral benefits contract; and

(2) fails to deliver the money to a designated agent of the seller before the 31st day after the date it is collected.

(b) An offense under this section is punishable as if it were an offense under Section 32.45, Penal Code.

Official text of the Texas Finance Code as published by the Texas Legislative Council.

Official source
Legislative history

Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.

Other codes referenced

Penal § 32.45