Section 328.203 – Violation of Act; Penalty.
328.203 Violation of act; penalty. Sec. 3. Any person who shall wilfully violate any of the provisions of this act shall be guilty of a misdemeanor, and upon conviction shall be punished by a fine of not more than $1,000.00 or imprisonment in the county jail for not more than 1 year, or by both […]
Section 328.204 – Applicability of Act.
328.204 Applicability of act. Sec. 4. This act shall not apply to any agreements entered into pursuant to the prepaid funeral contract funding act after the effective date of the prepaid funeral contract funding act. History: Add. 1986, Act 238, Eff. Mar. 31, 1987
Section 328.211 – Short Title.
328.211 Short title. Sec. 1. This act shall be known and may be cited as the “prepaid funeral and cemetery sales act”. History: 1986, Act 255, Eff. July 1, 1987 ;– Am. 2004, Act 21, Eff. Jan. 1, 2005 Compiler’s Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from […]
Section 328.212 – Meanings of Words and Phrases.
328.212 Meanings of words and phrases. Sec. 2. For the purposes of this act, the words and phrases defined in sections 3 to 5 have the meanings ascribed to them in those sections. History: 1986, Act 255, Eff. July 1, 1987 Compiler’s Notes: For transfer of powers and duties of certain occupational functions, boards, and […]
Section 328.213 – Definitions; B to D.
328.213 Definitions; B to D. Sec. 3. As used in this act: (a) “Burial right” means a right of earth interment. (b) “Casket” means any box or container consisting of 1 or more parts in which a dead human body is placed before interment, entombment, or cremation that may or may not be permanently interred, […]
Section 328.214 – Definitions; D to M.
328.214 Definitions; D to M. Sec. 4. (1) As used in this act: (a) “Depository” means a state or nationally chartered bank or state or federally chartered savings and loan association, savings bank, or credit union whose deposits are insured by an agency of the United States government under the laws of this state or […]
Section 328.215 – Definitions; N to U.
328.215 Definitions; N to U. Sec. 5. As used in this act: (a) “Nonguaranteed price contract” means a prepaid contract under which funds received are held pursuant to an escrow agreement between a contract seller or provider and a contract buyer and are applied to the cost of the merchandise or funeral or cemetery services, […]
Section 328.216 – Certificate of Registration to Sell, Provide, or Agree to Provide Merchandise or Services Pursuant to Prepaid Contract; Application; Fee; Duration of Certificate; Contents of Application Form; Renewal of Registration; Sworn Statement or Special Report; Expiration of Certificate; Reinstatement of Registration; Grounds for Denial of Registration; Compliance; Petition for Reconsideration; Hearing.
328.216 Certificate of registration to sell, provide, or agree to provide merchandise or services pursuant to prepaid contract; application; fee; duration of certificate; contents of application form; renewal of registration; sworn statement or special report; expiration of certificate; reinstatement of registration; grounds for denial of registration; compliance; petition for reconsideration; hearing. Sec. 6. (1) A […]
Section 328.217 – Deposit of Funds With Escrow Agent; Agreement to Allow Inspection and Copying of Records.
328.217 Deposit of funds with escrow agent; agreement to allow inspection and copying of records. Sec. 7. A registrant who deposits funds with an escrow agent under this act shall have in effect at all times an agreement under which the escrow agent has, under the following circumstances, agreed to allow inspection and copying of […]
Section 328.218 – Accounts, Books, and Records; Special Report; Examination; Corrective or Penal Action; Examination, Review, or Audit of Books and Records; Authorization of Escrow Agents to Open Records; Statement in Lieu of Special Report.
328.218 Accounts, books, and records; special report; examination; corrective or penal action; examination, review, or audit of books and records; authorization of escrow agents to open records; statement in lieu of special report. Sec. 8. (1) A registrant shall keep, in this state, accurate accounts, books, and records of all transactions and accounts regulated by […]