Chapter 11 - Prearranged Funeral Trusts

Chapter 11 - Prearranged Funeral Trusts

§ 55-11-1 Prearranged funeral contract--Portion of money paid under contract held in trust.
§ 55-11-1.1 Personal property and professional services to be provided under prearranged funeral trust contract.
§ 55-11-2 Deposit of trust fund in banking institution or association--Violation as misdemeanor.
§ 55-11-3 Contract to be in writing--Copies furnished depository and personal representative of contracting party--Clause concerning trust fund required.
§ 55-11-3.1 Clause required in contract not providing guaranteed price.
§ 55-11-4 Financial institution receiving money in trust--Acknowledgment on copy of prearranged funeral contract.
§ 55-11-5 Cancellation of contract creating revocable trust.
§ 55-11-5.1 Return of payments required on revocation under contract with guaranteed price.
§ 55-11-6 Repealed.
§ 55-11-7 Solicitation of funeral trust contracts--Annual registration required--Exception--Unauthorized solicitation or sale prohibited--Violation as misdemeanor.
§ 55-11-8 Information to be submitted upon registration.
§ 55-11-9 Annual report required--Contents--Filing fee--Confidentiality--Violation as misdemeanor.
§ 55-11-10 Applicability of § 37-24-5.4.
§ 55-11-11 Prearranged funeral contract pooled funds trust--Creation--Separate accounts--When consent of purchaser required.
§ 55-11-12 Death or relocation of beneficiary of irrevocable prearranged funeral trust--Seller's option to provide comparable services or return deposits and interest--Disposition of funds.
§ 55-11-12.1 Disbursement of funds in irrevocable prearranged funeral trust.
§ 55-11-13 Prearranged funeral contract not burial insurance.
§ 55-11-14 Applicability of act to certain contracts.
§ 55-11-15 Certain persons operating cemeteries exempted from provisions regarding sale of merchandise and services--Maintenance of funds.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.

Bookish