Texas § FI.154.107 - REQUIRED RENEWAL FOR SELLERS
Full text of Texas The Texas Constitution § FI.154.107 — REQUIRED RENEWAL FOR SELLERS, with citation guidance and answers to common questions.
§ FI.154.107. REQUIRED RENEWAL FOR SELLERS
REQUIRED RENEWAL FOR SELLERS. (a) A seller that has outstanding contracts shall renew the seller's permit until the contracts are fully discharged. (b) A seller may renew the seller's permit as an unrestricted permit if the seller: (1) wishes to continue to sell prepaid funeral benefits; and (2) demonstrates to the commissioner that the seller continues to meet the qualifications and satisfy the requirements that apply to an applicant for a permit. (c) A seller must renew the seller's permit as a restricted permit if the seller: (1) cannot demonstrate to the commissioner that the seller continues to meet the qualifications and satisfy the requirements that apply to an applicant for a permit; or (2) no longer wishes to sell prepaid funeral benefits. (d) A seller that holds a restricted permit may not sell prepaid funeral benefits during the period a restricted permit is in effect. A contract entered into by a seller that at the time the contract is entered into holds a restricted permit is void and unenforceable and is not eligible for payment from a guaranty fund established under this chapter. Acts 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997. Amended by: Acts 2013, 83rd Leg., R.S., Ch. 39 (S.B. 297 ), Sec. 2, eff. September 1, 2013.
Source: official Texas text · Last verified 2026-08-27
Frequently Asked Questions About Texas § FI.154.107
What does The Texas Constitution § FI.154.107 cover?
Section FI.154.107 ("REQUIRED RENEWAL FOR SELLERS") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § FI.154.107?
A common citation format is "The Texas Constitution § FI.154.107" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § FI.154.107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.