Indiana Administrative Code
Title 832 - STATE BOARD OF FUNERAL AND CEMETERY SERVICE
Article 6 - FUNERAL TRUST FUNDS
Rule 1 - Trust Fund Agreements; Contract Provisions
Section 1-2 - Restrictions on increased pre-need contract prices

Universal Citation: 832 IN Admin Code 1-2
Current through September 18, 2024

Authority: IC 25-15-9-8

Affected: IC 30-2-9

Sec. 2.

If the funeral trust contract executed pursuant to IC 30-2-9 does not specifically allow for increases in the total stated price of the services, the beneficiary of the funeral trust may provide the agreed upon funeral and burial services at no greater cost than the total specified in the funeral service contract. Even if a funeral trust contract described in IC 30-2-9 includes a provision for increases in the total price of the funeral service, the beneficiary of the trust may not charge or collect any total price for the service selected by the settlor of the trust greater than that specified in the last written notification to the settlor or the settlor's guardian before the settlor's demise.

Disclaimer: These regulations may not be the most recent version. Indiana 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.