File Code: Health Occupations
- Sponsored By:
-
Delegates Klausmeier, Redmer, Boutin, and Owings
- Entitled:
-
Morticians - Pre-need Contracts - Pooled Trust Accounts
Authorizing a seller of a pre-need contract to have a pooled trust
account composed of the pre-need funds of other sellers for the
benefit of not less than 200 purchasers or intended funeral
recipients; providing for a commission of not more than 1% per annum
of the corpus of the trust fund for the administrator of the account;
exempting a seller from filing a report with regard to compliance with
the provisions of this section if a pooled trust account administrator
filed the same report; etc.
House Action
- 1/28
- First Reading Environmental Matters
- 2/7
- Hearing 2/19 at 1:00 p.m.
- 3/18
- Withdrawn
Senate Action
- No Action
- Sponsored by:
- Delegate Katherine Klausmeier, District 8
- Delegate Charles R. Boutin, District 34
- Delegate George W. Owings, III, District 27B
- Delegate Alfred W. Redmer, Jr., District 8
- Bill indexed under the following Subjects:
- CONTRACTS -see also- LAND INSTALLMENT CONTRACTS; PROCUREMENT
- FUNERALS
- INTEREST
- MORTICIANS
- REPORTS
- Bill affects the following Statute:
- Health Occupations
- (
7-405
)
- Bill Text:
First Reading (PDF),
Third Reading, Enrolled
- Fiscal Note:
Available (PDF)
- Amendments:
None offered