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2014 Regular Session



Health Occupations - Pre-Need Contracts - Trust Accounts

Sponsored by:

Senator Pugh


In the Senate - Unfavorable Report by Education, Health, and Environmental Affairs; Withdrawn

Synopsis:Authorizing a trustee to invest money of a trust account for a pre-need contract in specified securities; and requiring the income of the trust account to remain in the trust account, be reinvested and compounded, and be disbursed only for payment of specified fees, commissions, and other costs of the trust account.
Analysis:Fiscal and Policy Note
All Sponsors:Senator Pugh
Additional Facts:Cross-filed with: HB1303
Bill File Type: Regular
Effective Date(s): October 1, 2014
Education, Health, and Environmental Affairs   View Committee Hearing
Broad Subject(s):Health Occupations
Narrow Subject(s):Contracts -see also- Land Installment Contracts; Procurement
Estates and Trusts
Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates
Investments -see also- Securities

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October 24, 2017 1:56 P.M.