1. (a) All Proposed Contracts. To request approval of any prepaid funeral contract, the seller must submit a copy of the proposed contract to the Department and request its approval. All proposed contracts, together with the irrevocable waiver of cancellation and separate finance charge agreement, if any, must be submitted to the Department for approval prior to use.
2. (b) Insurance-Funded Contracts. If a contract will be funded by insurance, the seller must furnish a copy of the proposed contract and the seller's request for approval together with written evidence from the Texas Department of Insurance that the policy which will fund such contract has been approved or is exempt from approval.
3. (c) Standardized Forms; Review Costs. The Department will provide copies of preapproved contract forms to sellers on request. If the Department's review of a form submitted for approval exceeds one hour, the Department will bill the seller at the rate of $50 per hour to defray the cost of review.
4. (d) Disclaimer. In approving a contract as to form, including the Department's standardized contract, the Department makes no representation that the form complies with Federal Trade Commission requirements.

Source Note:The provisions of this §25.5 adopted to be effective January 4, 1995, 19 TexReg 10229.