Louisiana Administrative Code
Title 46 - PROFESSIONAL AND OCCUPATIONAL STANDARDS
Part XXXVII - Regulations
Chapter 17 - Prepaid Funeral Services or Merchandise
Section XXXVII-1703 - Instructions Need to Change Cash Deposited in a Pre-Need Account
Universal Citation: LA Admin Code XXXVII-1703
Current through Register Vol. 50, No. 9, September 20, 2024
A. In the event a funeral establishment desires to transfer cash deposited in a pre need account through their firm the following steps shall be adhered to:
1. written notification shall be sent via
certified mail to each consumer advising of the proposed change in funding for
their pre need arrangement and requesting authorization for said
transfer;
2. upon receipt of
written authorization for transfer from consumer transfer can take
place;
3. if requested, pre need
cash deposited in a pre need account shall be refunded to those who request
same; or
4. if authorization for
transfer is not given/received for any reason, the funeral establishment shall
maintain funds on deposit in the bank or savings and loan where originally
deposited; or, alternatively to obtain a final judgment of the district court
of the parish in which the funeral establishment is situated to transfer the
pre need funds if the required consent of the consumer cannot be
obtained.
AUTHORITY NOTE: Promulgated in accordance with R.S. 37:840.
Disclaimer: These regulations may not be the most recent version. Louisiana 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.
