SB0415 (CH0497)

Find a 2014 Bill:

2014 Regular Session



Morticians and Funeral Directors - Pre-Need Contracts

Sponsored by:

Senator Klausmeier


Approved by the Governor - Chapter 497

Synopsis:Requiring that specified disclosure statements in pre-need contracts inform a buyer whether the contract is a guaranteed contract, guaranteed in part contract, or nonguaranteed contract; providing that if specified disclosures are made, pre-need contracts may be guaranteed contracts, guaranteed in part contracts, or nonguaranteed contracts and may include cash advance items or goods and services that are not guaranteed; providing that a pre-need escrow or trust account may not be deemed an asset of specified licensees; etc.
Analysis:Fiscal and Policy Note
All Sponsors:Senators Klausmeier, Benson, Reilly, and Young
Additional Facts:Cross-filed with: HB0593
Bill File Type: Regular
Effective Date(s): July 1, 2014
Education, Health, and Environmental Affairs   View Committee HearingHealth and Government Operations   View Committee Hearing
Broad Subject(s):Health Occupations
Narrow Subject(s):Consumer Protection -see also- Unfair Trade Practices
Contracts -see also- Land Installment Contracts; Procurement
Escrow Accounts
Estates and Trusts
Prices -see also- Consumer Price Index

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October 24, 2017 1:56 P.M.