Indiana Administrative Code
Title 832 - STATE BOARD OF FUNERAL AND CEMETERY SERVICE
Article 7 - PRENEED FUNERAL BURIAL SERVICES OR MERCHANDISE CONTRACTS
Rule 2 - Contract Provisions
Section 2-10 - Excess funds; IC 30-2-10 trust
Universal Citation: 832 IN Admin Code 2-10
Current through September 18, 2024
Authority: IC 25-15-9-8; IC 30-2-13-34
Affected: IC 30-2-10; IC 30-2-13
Sec. 10.
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.
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