Preneed Funeral Service, Burial, or Cemetery Merchandise Contracts  


932. Definitions.
934. Preneed payments and increments as trust funds -- Conditions required for disbursements.
936. Refund to persons making payments.
937. Permissibility of irrevocable trust provision -- Effect on determining eligibility for entitlement programs -- Required form for application.
938. Trust funds, how kept and deposited -- Separate accounting record for each contract.
940. License as agent required -- Fee -- Service charge -- Annual report to Attorney General -- Report not available to general public.
942. Records of licensee -- Examination by Attorney General.
944. Attorney General may hire independent auditor -- Cost incurred to be included in court costs.
946. Registration of person selling cemetery merchandise and every cemetery company -- Fee -- Annual report.
948. Records of registrants.
950. Audit by special auditor hired by Attorney General -- Cost of audit to be taxed as court costs.
952. Perpetual care and maintenance -- Creation of funds by cemetery companies -- Required payments -- Local government exemption -- Termination, distribution, and use of funds in local government trust fund.
954. Forty percent of funds paid for cemetery merchandise to be held in trust for purchaser until delivery -- Bond in lieu of trust fund.
956. Return of deposits, plus income thereon, in cases of default on part of seller.
958. Sale of mausoleum or underground crypts or columbaria.
960. Temporary facilities.
962. Allocation of payments -- Increase of gross sale price prohibited.
964. Consumer security account.
966. Contract waiving statutory provisions null and void.
968. Liability of officers, owners, directors and shareholders of companies subject to KRS 367.932 to 367.974 and 367.991.
970. Ninety-day completion date on installing foundations -- Excusable delay.
972. Powers of Attorney General.
973. Disciplinary powers of Attorney General -- Hearing -- Appeal.
974. Disposition of fees collected under KRS 367.932 to 367.972.