Untitled Texas Attorney General Opinion

i OFFICE OF THE ATTORNEY GENERAL . STATE OF TEXAS JOHN CORNYN March 12,2002 Mr. Randall S. James Opinion No. JC-0477 Banking Cornmissioner Texas Department of Banking Re: Applicability of section 154.155(d) of the 2601 North Lamar Boulevard Finance Code to insurance-funded, prepaid Austin, Texas 787054294 funeral benefits contracts (RQ-0434-JC) Dear Mr. James: During the Seventy-seventh Legislative Session, the Texas Legislature amended section 154.155 of the Finance Code, which governs refunds available to consumers who cancel prepaid funeral benefits contracts. Prior to its amendment,…