Rules & Regulations of the State of Tennessee
Title 0780 - Commerce and Insurance
Subtitle 0780-05 - Division of Regulatory Boards
Chapter 0780-05-10 - Pre-Need Funeral Service Contracts
Section 0780-05-10-.15 - ANNUAL AUDITS; FEES
Universal Citation: TN Comp Rules and Regs 0780-05-10-.15
Current through September 24, 2024
(1) The Commissioner shall require an annual audit to ensure that each contract seller will be able to perform its contract with the purchaser.
(2) The fee for the audit of pre-need trust accounts shall be three hundred dollars ($300.00) per auditor, per day. The contract seller shall be billed in increments of not less than one-half day for each half-day or any portion thereof.
(3) The contract seller shall remit payment to the Department not later than sixty (60) days after the invoice date.
Authority: T.C.A. § 62-5-405(a), (b), and (c).
Disclaimer: These regulations may not be the most recent version. Tennessee 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.
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