Texas Register

TITLE 7 BANKING AND SECURITIES
PART 2TEXAS DEPARTMENT OF BANKING
CHAPTER 26PERPETUAL CARE CEMETERIES
RULE §26.2What Records am I Required to Maintain?
ISSUE 11/03/2006
ACTION Proposed
Preamble Texas Admin Code Rule

(a)(No change.)

(b)What records must I maintain?

  (1)You must maintain the following records in a general file that is readily accessible to the department:

    (A) - (G)(No change.)

    (H)all trustee/depository statements covering the perpetual care fund, provided at least quarterly, and all written correspondence from the trustee that you received since the last examination;

    (I) - (O)(No change.)

  (2)(No change.)

  (3)You must maintain either:

    (A)separate files for each property purchaser, filed alphabetically or numerically, that contains all executed property purchase agreements, conveyance documents, and all related information; or

    (B)(No change.)

  (4) - (5)(No change.)

(c)Where do I need to keep the records required under this section?

  (1)You must keep all required records at the perpetual care cemetery's physical location, [or] corporate office located in this state, or another location approved in writing by the commissioner .

  (2)(No change.)

(d)(No change.)

This agency hereby certifies that the proposal has been reviewed by legal counsel and found to be within the agency's legal authority to adopt.

Filed with the Office of the Secretary of State on October 20, 2006

TRD-200605700

Everette D. Jobe

Certifying Official

Texas Department of Banking

Proposed date of adoption: December 15, 2006

For further information, please call: (512) 475-1300



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