(a)    (1)    A buyer may cancel a preneed burial contract as to preneed goods not delivered or preneed services not performed if the buyer:

(i)    permanently moves more than 75 miles from the cemetery specified in the preneed burial contract; and

(ii)    gives to the seller written notice, under oath, of the move and includes the buyer’s new permanent address.

(2)    In that event:

(i)    the seller shall certify to the trustee:

1.    the cancellation of the preneed burial contract;

2.    the amount of the remaining specific funds applicable to the preneed burial contract; and

3.    the name and address of the buyer; and

(ii)    the trustee shall then pay to the buyer the remaining specific funds, accrued interest on the specific funds, and a prorated proportional share of total realized capital gains attributable to the specific funds.

(b)    (1)    Notwithstanding subsection (a) of this section, by written notice, a buyer may cancel the purchase of a casket or casket vault under a preneed burial contract at any time prior to the time the buyer needs the casket or casket vault for burial.

(2)    In that event:

(i)    the seller shall certify to the trustee:

1.    the cancellation of the purchase of the casket or casket vault under the preneed burial contract;

2.    the amount of the specific funds applicable to the casket or casket vault under the preneed burial contract; and

3.    the name and address of the buyer;

(ii)    the trustee shall pay to the buyer the specific funds, interest accrued on the specific funds, and a prorated proportional share of total realized capital gains attributable to the specific funds; and

(iii)    in addition to the refund paid by the trustee, the seller shall pay to the buyer an amount of money necessary to provide the buyer with a refund of 100% of the money paid for the casket or casket vault under the preneed burial contract.

(c)    If a buyer fails to provide written notice of cancellation and defaults on a preneed burial contract and, as a result, the seller terminates the preneed burial contract:

(1)    the seller shall certify to the trustee:

(i)    the default and termination of the preneed burial contract;

(ii)    the amount of the specific funds; and

(iii)    the reasonable expenses of the seller; and

(2)    the trustee shall then pay:

(i)    to the buyer, those specific funds, accrued interest on the specific funds, and a prorated proportional share of total realized capital gains attributable to the specific funds, less the reasonable expenses of the seller; and

(ii)    to the seller, the reasonable expenses of the seller.

(d)    If specific funds on deposit in a trust account have been dormant for at least 50 years since the date of the last deposit or disbursement and the seller cannot locate the buyer:

(1)    the seller shall certify to the trustee:

(i)    that the trust account is dormant and the buyer cannot be located; and

(ii)    the amount of the specific funds; and

(2)    the trustee shall then pay to the seller those specific funds, accrued interest on the specific funds, and a prorated proportional share of total realized capital gains attributable to the specific funds.