Delaware Administrative Code
Title 5 - Banking
3400 - Funeral Contracts
3401 - Operating Regulation
Section 3401-2.0 - Compliance with Applicable Laws
Universal Citation: 5 DE Admin Code 3401-2.0
Current through Register Vol. 28, No. 3, September 1, 2024
2.1 All licensees shall comply with 5 Del.C. Ch. 34, all regulations issued thereunder, and all other applicable State and federal statutes and regulations relating to preneed funeral contracts.
2.2 The manager and appropriate staff of each licensee shall familiarize themselves with all such statutes and regulations.
2.3 Each licensee shall maintain, either by paper copy or through electronic access, 5 Del.C. Ch. 34 and the following regulations:
2.3.1 Regulation 101, Retention of Financial Institution Records;
2.3.2 Regulation 3401, Operating Regulation; and
2.3.3 Regulation 3402, Surety Bond or Irrevocable Letter of Credit.
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