Section 436.457 – Seller’s right to cancel, when, procedure.
Effective – 28 Aug 2009 436.457. Seller’s right to cancel, when, procedure. — 1. A seller shall have the right to cancel a trust-funded or joint-account funded preneed contract if the purchaser is in default of any installment payment for over sixty days. 2. Prior to cancelling the contract, the seller shall notify the purchaser […]
Section 436.458 – Alternative provider permitted, when.
Effective – 28 Aug 2009 436.458. Alternative provider permitted, when. — 1. A purchaser may select an alternative provider as the designated provider under the original contract if the purchaser notifies the seller and original provider in writing of the purchaser’s intent, stating the name of the alternative provider and the alternative provider consents to […]
Section 436.460 – Seller report to board required, contents — fee — filing of reports.
Effective – 28 Aug 2009 436.460. Seller report to board required, contents — fee — filing of reports. — 1. Each seller shall file an annual report with the board which shall contain the following information: (1) The contract number of each preneed* contract sold since the filing of the last report with an indication […]
Section 436.465 – Record-keeping requirements of seller.
Effective – 28 Aug 2009 436.465. Record-keeping requirements of seller. — A seller shall maintain: (1) Adequate records of all preneed contracts and related agreements with providers, trustees of a preneed trust, and financial institutions holding a joint account established under sections 436.400 to 436.520; (2) Records of preneed contracts, including financial institution statements and […]
Section 436.470 – Complaint procedure — violation, attorney general may file court action.
Effective – 28 Aug 2009 436.470. Complaint procedure — violation, attorney general may file court action. — 1. Any person may file a complaint with the board to notify the board of an alleged violation of this chapter. The board shall investigate each such complaint. 2. The board shall have authority to conduct inspections and […]
Section 436.412 – Violations, disciplinary actions authorized — governing law for contracts.
Effective – 28 Aug 2011, 2 histories 436.412. Violations, disciplinary actions authorized — governing law for contracts. — Each preneed contract made before August 28, 2009, and all payments and disbursements under such contract shall continue to be governed by this chapter as the chapter existed at the time the contract was made. Any licensee […]
Section 436.415 – Provision of certain services required by provider — seller’s duties.
Effective – 28 Aug 2009 436.415. Provision of certain services required by provider — seller’s duties. — 1. Except as otherwise provided in sections 436.400 to 436.520, the provider designated in a preneed contract shall be obligated to provide final disposition, funeral or burial services and facilities, and funeral merchandise as described in the preneed […]
Section 436.420 – Written contract required, contents — notification to board of provider authorization — seller to provide copy of contract to board upon request.
Effective – 28 Aug 2009 436.420. Written contract required, contents — notification to board of provider authorization — seller to provide copy of contract to board upon request. — 1. No person shall be designated as a provider in a preneed contract unless the provider has a written contractual agreement with the seller. Any seller […]
Section 436.425 – Contract form, requirements — voidability of contract — waiver of contract benefits for public assistance recipients.
Effective – 28 Aug 2009 436.425. Contract form, requirements — voidability of contract — waiver of contract benefits for public assistance recipients. — 1. All preneed contracts shall be sequentially numbered and in writing and in a font type and size that are easily read, and shall clearly and conspicuously: (1) Include the name, address […]
Section 436.430 – Trust-funded preneed contract requirements.
Effective – 28 Aug 2009 436.430. Trust-funded preneed contract requirements. — 1. A trust-funded guaranteed preneed contract shall comply with sections 436.400 to 436.520 and the specific requirements of this section. 2. A seller must deposit all payments received on a preneed contract into the designated preneed trust within sixty days of receipt of the […]