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House Bill 1305


 

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House Bill 1305

ARCHIVE (2007)

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DIGEST OF HB1305 (Updated April 16, 2007 4:48 pm - DI 84)

Cemetery funds. Establishes the consumer protection fund for cemetery maintenance. Provides that the fund consists of contributions from the owners of certain cemeteries. Requires the state board of funeral and cemetery service (board) to administer the fund. Provides that the fund may be used for maintenance of a cemetery when the owner is unable to maintain the cemetery and money is not available from the cemetery's perpetual care fund. Establishes the maximum balance amount of the fund at $250,000. Increases the maximum balance amount of the preneed consumer protection fund from $1,500,000 to $2,500,000. Specifies that a cemetery perpetual care fund must be segregated from other accounts belonging to the owner of the cemetery. Requires the custodian or trustee of a cemetery's perpetual care fund to file an annual accounting with the board of funeral and cemetery service. Authorizes the board to audit a cemetery perpetual care fund.
Current Status:
 Law Enacted
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