Act 255 of 1986 Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)

Act 255 of 1986 Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)

Section 328.211 Short Title.
Section 328.212 Meanings of Words and Phrases.
Section 328.213 Definitions; B to D.
Section 328.214 Definitions; D to M.
Section 328.215 Definitions; N to U.
Section 328.216 Certificate of Registration to Sell, Provide, or Agree to Provide Merchandise or Services Pursuant to Prepaid Contract; Application; Fee; Duration of Certificate; Contents of Application Form; Renewal of Registration; Sworn Statement or Special Report; Expiration of Certificate; Reinstatement of Registration; Grounds for Denial of Registration; Compliance; Petition for Reconsideration; Hearing.
Section 328.217 Deposit of Funds With Escrow Agent; Agreement to Allow Inspection and Copying of Records.
Section 328.218 Accounts, Books, and Records; Special Report; Examination; Corrective or Penal Action; Examination, Review, or Audit of Books and Records; Authorization of Escrow Agents to Open Records; Statement in Lieu of Special Report.
Section 328.219 Notice of Purchase or Assignment of Business Operations or Prepaid Contracts.
Section 328.220 Nonguaranteed or Guaranteed Price Contracts; Execution.
Section 328.221 Guaranteed Price Contract; Requirements.
Section 328.222 Funds to Be Held in Escrow by Escrow Agent; Additional Commission Not Subject to Depository Requirements; Commission if Contract Price Paid in Installments; Refund; Qualifications and Selection of Escrow Agent; Authorized Investments; Fees and Expenses; Commingling; Separate Accounting of Principal and Income; Notice to Contract Buyer; Disbursement of Funds; Nonprofit Corporation or Association as Escrow Agent; Furnishing Statement to Contract Buyer.
Section 328.223 Cancellation of Prepaid Contract by Contract Buyer; Notice; Disbursement of Principal and Income; Cancellation of Contract by Contract Seller or Provider; Failure to Use Escrow Account to Make Funeral Arrangements; Assignment or Transfer of Obligations.
Section 328.224 Liability for Principal and Income; Investment of Funds; Changing Escrow Agent or Depository.
Section 328.225 Prices or Quotations of Prices; Requirements; Exception; Manipulation of Prices Prohibited; Provision for Revocation of Contract; Refund; Disclosure of Right to Cancel Contract and Amount of Refund; Disclosure of Commissions; Services Requiring Mortuary Science License or Funeral Establishment License; Construction of Act; Designation of New Contract Beneficiary; Notice; Clear Indication of Nonguaranteed Price Contract, Actual Costs, and Obligations.
Section 328.226 Prepaid Funeral Contract Not in Writing as Voidable; Agreement as to Rate of Interest; Interest Added or Deducted in Advance; Computation of Interest; Financing of Contract.
Section 328.227 Rules Generally.
Section 328.228 Prohibited Conduct; Rules; Administrative Action.
Section 328.229 Irrevocable Prepaid Contract Approved by Family Independence Agency or Department of Community Health; Rules.
Section 328.230 Complaint; Investigation; Examination of Books, Records, Contracts, and Other Documents; Duties of Department on Determination of Reasonable Cause to Believe in Occurrence of Violation; Violation; Hearing; Duties of Department on Determination of Violation.
Section 328.231 Violations; Penalties.
Section 328.232 Conversion of Funds as Felony; Violation as Misdemeanor; Penalties.
Section 328.233 Noncompliance With Investment and Depositing Requirements; Petition for Appointment of Receiver; Notice; Hearing; Liquidation.
Section 328.234 Action to Force Compliance; Damages; Orders.
Section 328.235 Effective Date.

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