Alabama Administrative Code
Title 482 - ALABAMA DEPARTMENT OF INSURANCE
Chapter 482-3-005 - REQUIRED FUNERAL AND CEMETARY TRANSACTION RECORDS
Section 482-3-005-.05 - Cemetery Property Sales Log - Required Content
Current through Register Vol. 42, No. 5, February 29, 2024
If the Department's sample log form is not used, any substitute form of cemetery property sales log shall include the following information categories:
(a) Sequentially ordered contract number.
(b) Property owner.
(c) Date of contract.
(d) Net amount of contract (contract price after all discounts; if complimentary or free so designate on the log).
(e) Itemization of purchase price of merchandise and services collected under the contract.
(f) Amount to be trusted (if applicable).
(g) Paid-in-full amount or cumulative installment payments.
(h) Paid-in-full date.
(i) Cumulative amount due endowment care trust.
(j) Cumulative amount of endowment care contributions.
(k) Date of endowment care contributions.
(l) Date of burial (at need).
(m) Date contract voided or cancelled.
(n) Last payment date.
Author: Commissioner of Insurance
Statutory Authority: Code of Ala. 1975, §§ 27-2-17, 27-17A-1 to -57 (2014).
