Bill Title: As enacted, allows the owner of a prearrangement insurance policy, and not just the beneficiary, to irrevocably assign the policy or policy benefits to a funeral establishment if the insurance company issuing the policy does not offer a funeral trust, or only offers a funeral trust for an additional charge. - Amends TCA Title 56 and Title 62, Chapter 5, Part 4.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2019-05-15 - Comp. became Pub. Ch. 339 [SB1173 Detail]

Text: Latest bill text (Chaptered) [PDF]

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