SB 0892 Allows certain additional services to be prepurchased from cemeteries
LR Number:3739L.03T Fiscal Note:3739-03
Committee:Commerce and Environment
Last Action:07/10/02 - Signed by Governor Journal page:
Title:HCS SCS SB 892
Effective Date:August 28, 2002
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Current Bill Summary

HCS/SCS/SB 892 - This act allows the purchase of certain cemetery services to the list of items that may be pre-purchased from a cemetery, subject to the cemetery owner meeting certain requirements. The cemetery owner must deposit forty percent of funds from the sale of services into a trustee account and the use of funds in the trustee account. A definition of "cemetery services" is created. The act shall apply only to agreements for pre-purchased services entered into after August 28, 2002. Requirements for withdrawals from the trusteed account at the time services are rendered are specified.

This act is similar to HB 1503 (2002).