{"data":{"id":"us-tx/tex.-finance-code-154.107","jurisdiction":"us-tx","citation":"Tex. Finance Code § 154.107","heading":"REQUIRED RENEWAL FOR SELLERS.","body":"(a) A seller that has outstanding contracts shall renew the seller's permit until the contracts are fully discharged.\n(b) A seller may renew the seller's permit as an unrestricted permit if the seller:\n(1) wishes to continue to sell prepaid funeral benefits; and\n(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.\n(c) A seller must renew the seller's permit as a restricted permit if the seller:\n(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\n(2) no longer wishes to sell prepaid funeral benefits.\n(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.\nActs 1997, 75th Leg., ch. 1008, Sec. 1, eff. Sept. 1, 1997.\nAmended by:\nActs 2013, 83rd Leg., R.S., Ch. 39 (S.B. 297), Sec. 2, eff. September 1, 2013.","path":["FINANCE CODE","TITLE 3. FINANCIAL INSTITUTIONS AND BUSINESSES","SUBTITLE E. OTHER FINANCIAL BUSINESSES","CHAPTER 154. PREPAID FUNERAL SERVICES","SUBCHAPTER C. PERMITS"],"source_url":"https://statutes.capitol.texas.gov/Docs/FI/htm/FI.154.htm#154.107","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:13Z","sha256":"9abe9a29772d87dbc6334d08d12272c9c626b58ed0d54b2cea6607645955c553","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-finance-code-154.106","next":"us-tx/tex.-finance-code-154.108"},"notice":"GroundRules: Original legal text. Not legal advice."}