Tex. Insurance Code § 888.005
APPLICABILITY OF TEXAS NON-PROFIT CORPORATION ACT
Texas · Texas Insurance Code · Status: effective
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- Citation
- Tex. Insurance Code § 888.005, APPLICABILITY OF TEXAS NON-PROFIT CORPORATION ACT, Texas, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/680326
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Full text
(a) Except to the extent of any conflict with this code, the Texas Non-Profit Corporation Act (Article 1396-1.01 et seq., Vernon's Texas Civil Statutes) applies to a burial association. The commissioner has each power and duty of, and shall perform each act to be performed by, the secretary of state under that Act with respect to burial associations.
(b) On advance approval of the commissioner, a burial association may pay dividends to its members.