Indiana Administrative Code (Last Updated: December 20, 2016) |
Title 832. STATE BOARD OF FUNERAL AND CEMETERY SERVICE |
Article 832IAC7. PRENEED FUNERAL BURIAL SERVICES OR MERCHANDISE CONTRACTS |
Rule 832IAC7-2. Contract Provisions |
Section 832IAC7-2-10. Excess funds; IC 30-2-10 trust
Latest version.
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Funeral director sellers required to employ a trust or escrow authorized by IC 30-2-10 shall compute any excess or refund amount on the difference between the seller's retail price at the time of delivery and the proceeds available from the funding mechanism employed to fund the contract. (State Board of Funeral and Cemetery Service; 832 IAC 7-2-10; filed Jun 26, 1992, 5:00 p.m.: 15 IR 2455; readopted filed May 10, 2001, 2:39 p.m.: 24 IR 3237; readopted filed Jul 19, 2007, 12:52 p.m.: 20070808-IR-832070048RFA; filed Mar 11, 2013, 2:50 p.m.: 20130410-IR-832120198FRA; readopted filed Nov 25, 2013, 9:23 a.m.: 20131225-IR-832130288RFA)