Ohio Administrative Code
Title 4717 - Board of Embalmers and Funeral Directors
Chapter 4717-14 - Preneed Funeral Contract
Section 4717-14-06 - Institutional depositor registration requirements

(A) An institutional depositor for the purposes of these rules is any trust, insurance company, or entity that will perform the act of submitting quarterly reports and payments to the automated reporting and payment system.

(B) An institutional depositor may submit quarterly reports and payments on behalf of a licensee.

(C) If the board of embalmers and funeral directors establishes and maintains an automated reporting and payment system to carry out the duties pursuant to section 4717.41 of the Revised Code, an institutional depositor shall register an account with the automated reporting and payment system.

(D) The institutional depositor shall only submit quarterly reports and payments to the automated reporting and payment system and shall not be responsible for the accuracy of the reports submitted, the accuracy of the information contained in the reports, or compliance with Chapter 4717-10 or 4717-14 of the Administrative Code and divisions 4717.31 to 4717.36 of the Revised Code. The institutional depositor shall notify the licensee of the responsibilities under this rule.