Utah Administrative Code
Topic - Commerce
Title R156 - Professional Licensing
Rule R156-9 - Funeral Service Licensing Act Rule
Section R156-9-616 - Maximum Revocation Fee
Universal Citation: UT Admin Code R 156-9-616
Current through Bulletin 2024-18, September 15, 2024
If a buyer revokes or defaults under a guaranteed preneed funeral arrangement contract, the funeral service establishment may retain a revocation fee from the trust corpus, not to exceed 25% of the amount received from the sale of the contract and trust earnings thereupon, provided the revocation fee is clearly identified in the contract.
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