30-2-13-26. Confidentiality of Contracts
Sec. 26. During the lifetime of the purchaser the contract executed under this chapter is confidential and neither the seller nor the trustee may disclose to a third party the identity of the purchaser or the terms of the contract. This section does not prohibit normal commercial activities by a seller with regard to an […]
30-2-13-12.1. Contracts Entered Into After December 31, 1995, and Before July 1, 1999
Sec. 12.1. (a) This section applies to contracts for prepaid services or merchandise, or both, entered into under this chapter after December 31, 1995, and before July 1, 1999. (b) A purchaser may enter into more than one (1) contract under this chapter for prepaid services or merchandise, or both. Each contract may be funded […]
30-2-13-27. Payments to Board
Sec. 27. Each seller of a prepaid contract under this chapter shall pay to the board on a form provided by it not later than March 1 of each year from money not deposited in a trust or escrow the following amounts for each contract written during the preceding calendar year: (1) Two dollars and […]
30-2-13-12.5. Contracts Entered Into After June 30, 1999
Sec. 12.5. (a) This section applies to the following contracts entered into or established under this chapter after June 30, 1999: (1) Contracts for prepaid services. (2) Contracts for prepaid merchandise. (3) Trusts or escrows established to hold consideration paid for services or merchandise subject to a contract entered into under this chapter. (b) A […]
30-2-13-28. Preneed Consumer Protection Fund; Establishment; Funding
Sec. 28. (a) The preneed consumer protection fund is established. The board shall deposit receipts under section 27 of this chapter in the preneed consumer protection fund. (b) The expenses of administering the fund shall be paid from money in the fund. (c) The money in the fund and the interest accruing to the fund […]
30-2-13-13. Designation of Successor Sellers
Sec. 13. (a) Notwithstanding section 10 of this chapter, as used in this section, “seller” means an individual, a person doing business as a sole proprietor, a firm, a corporation, an association, a limited liability company, or a partnership: (1) contracting to provide prepaid or at-need services or merchandise, or both, to a named individual; […]
30-2-13-29. Fund Uses; Complaints; Annual Review
Sec. 29. (a) Money in the fund may be used to provide restitution to a seller who performs a defaulted contract, to a purchaser, or to a purchaser’s estate for pecuniary loss arising from a trust or an escrow required by: (1) this chapter; (2) IC 23-14-49-1; (3) IC 30-2-9; or (4) IC 30-2-10. The […]
30-2-13-14. Conversion of Trust or Escrow Agreement; Change in Method of Funding; New or Successor Trustee or Escrow Agent
Sec. 14. (a) A trust or an escrow agreement created under: (1) IC 23-14-49-1; (2) IC 30-2-9; or (3) IC 30-2-10; may not be converted to a trust or an escrow agreement required by section 12 or 12.5 of this chapter. (b) A contract that has been funded with cash may not subsequently be changed […]
30-2-13-30. Seller Records and Books
Sec. 30. (a) The seller shall maintain accurate records, books, and accounts for each contract sold under this chapter containing the following: (1) Copies of all contracts. (2) The dates of all contracts. (3) The amounts paid and received under each contract. (4) The complete name, address, and identification of all parties to each contract. […]
30-2-13-2.5. “At-Need Services and Merchandise”
Sec. 2.5. (a) As used in this chapter, “at-need services and merchandise” includes personal property or services: (1) listed in section 8(1) of this chapter; and (2) purchased after the time of death. (b) The term does not include burial rights. As added by P.L.207-1993, SEC.26.