1996 Regular Session

SENATE BILL 731

File Code: Business Occupations & Regulation
Sponsored By:
Senator Della
Entitled:
Preneed Burial Contracts - Casket Sales - Trust Requirements

Synopsis:

Requiring the seller of a preneed burial contract for the sale of a casket to deposit the total contract price into a trust account in a specified manner; authorizing a withdrawal from the trust account only if the merchandise is physically provided; and specifying circumstances under which the contract is ended and the seller shall refund to the buyer all payments and interest.

Legislative History

Senate Action
2/9
First Reading Senate Rules
2/14
Re-referred Finance
2/15
Hearing 2/28 at 1:00 p.m.
3/20
Favorable Report by Finance
3/21
Favorable
Special Order 3/22 (Sen. Dyson) Adopted
3/22
Favorable Report Adopted
Second Reading Passed
3/25
Third Reading Passed (44-0)
House Action
3/24
First Reading Economic Matters
3/26
Hearing 3/28 at 1:00 p.m.
Bill indexed under the following Subjects:
CEMETERIES
CONSUMER PROTECTION -see also- ADVTG., LABELING, WARRANTIES.
CONTRACTS -see also- LAND INSTALLMENT CONTRACTS, PROCUREMENT
FUNERALS
Bill affects the following Statutes:
Business Regulation
( 5-405 , 5-405.1 )

Documents:

Bill Text:
First Reading (PDF), Third Reading (PDF), Enrolled
Fiscal Note: Available (PDF)

Amendments: None available