Section 5-33.1-1. – Short title.

§ 5-33.1-1. Short title. This chapter is known as “The Funeral Service Contracts Act.” History of Section.P.L. 1990, ch. 103, § 1.

Section 5-33.1-10. – Fines — Penalties.

§ 5-33.1-10. Fines — Penalties. (a) Any person, partnership, corporation, association, or his or her or its agents or representatives violating any of the provisions of this chapter is guilty of a misdemeanor and upon conviction shall be punished by imprisonment not exceeding six (6) months, or by a fine not exceeding five hundred dollars […]

Section 5-33.1-2. – “Funeral service contract” defined.

§ 5-33.1-2. “Funeral service contract” defined. For the purposes of this chapter, a funeral service contract means a contract that requires the payment of money in exchange for the final disposition of a dead human body, including funeral, burial, or other services, or the furnishing of personal property or funeral merchandise in connection with that […]

Section 5-33.1-3. – Funeral service contracts limited to licensed firms and persons.

§ 5-33.1-3. Funeral service contracts limited to licensed firms and persons. No person may arrange, promote, enter into, or sell any funeral service contract on behalf of a funeral service establishment unless that person is an embalmer or funeral director licensed in accordance with the provisions of chapter 33.2 of this title, or an officer […]

Section 5-33.1-4. – Escrow accounts.

§ 5-33.1-4. Escrow accounts. (a) A licensed funeral service establishment shall deposit any money that the establishment receives pursuant to a funeral service contract, within fifteen (15) days of its receipt of that money, in one or more escrow accounts established in accordance with the provisions of this section. (b) Each escrow account established pursuant […]

Section 5-33.1-5. – Disposition of funds held in escrow.

§ 5-33.1-5. Disposition of funds held in escrow. Funds held in an escrow account in accordance with the provisions of a funeral service contract shall remain intact. Upon submission to the escrow agent of a statement that the services, personal property, and merchandise have been fully performed or delivered, subscribed and sworn to under the […]

Section 5-33.1-6. – Cancellation of contract.

§ 5-33.1-6. Cancellation of contract. Any person who has entered into a funeral service contract with a funeral service establishment, upon written notice to the establishment and to the escrow agent may cancel any funeral service contract prior to the performance by the establishment. In the event of a cancellation, all money in the escrow […]

Section 5-33.1-7. – Funeral service contract not a burial insurance policy.

§ 5-33.1-7. Funeral service contract not a burial insurance policy. A funeral service contract is not a burial insurance policy. History of Section.P.L. 1990, ch. 103, § 1.

Section 5-33.1-8. – Unfair trade practice.

§ 5-33.1-8. Unfair trade practice. A violation of any of the provisions of this chapter is deemed an unfair or deceptive trade practice. History of Section.P.L. 1990, ch. 103, § 1.

Section 5-33.1-9. – Irrevocable funeral contract.

§ 5-33.1-9. Irrevocable funeral contract. An irrevocable funeral contract may be entered into in which the amount held in escrow may be disbursed only upon the death of the beneficiary and that all interest accumulates to the escrow account and is also inaccessible to the beneficiary. Such irrevocable funeral contract funds only shall be transferred […]