Arizona Administrative Code
Title 4 - PROFESSIONS AND OCCUPATIONS
Chapter 12 - Board of Funeral Directors and Embalmers
Article 5 - PREARRANGED FUNERAL AGREEMENTS
Section R4-12-523 - Surety Bond Requirements
Universal Citation: AZ Admin Code R 4-12-523
Current through Register Vol. 30, No. 38, September 20, 2024
A. A funeral establishment applying for a prearranged funeral sales endorsement shall provide the Board with the number of prearranged funeral agreements sold during the immediately preceding calendar year and provide the applicable surety bond as follows:
1. $15,000 if the
establishment sold fewer than 100 prearranged funeral agreements during the
immediately preceding calendar year;
2. $30,000 if the establishment sold 100 or
more, but fewer than 250 prearranged funeral agreements during the immediately
preceding calendar year; or
3.
$50,000 if the establishment sold 250 or more prearranged funeral agreements
during the immediately preceding calendar year.
The amount of the surety bond shall be increased by $5,000 for each salesperson currently registered by the Board for the establishment.
B. The corporate surety bond provided to the Board shall contain the language specified by Appendix D (following R4-12-565).
Disclaimer: These regulations may not be the most recent version. Arizona may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
