Section 2A:102-16.2 - Crimes concerning funeral trusts

NJ Rev Stat § 2A:102-16.2 (2019) (N/A)
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2A:102-16.2. Crimes concerning funeral trusts

3. a. A person shall be guilty of a crime of the fourth degree if he knowingly or purposefully solicits or induces any person to execute an irrevocable trust pursuant to section 1 of P.L.1991, c.502 (C.2A:102-16.1) with an intent to collect or charge more than the fair market value for funeral goods or services.

b. A person shall be guilty of a crime of the fourth degree if the proceeds of the trust are expended on anything other than the fair market value of the funeral goods or services.

L.1991,c.502,s.3.