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Public Act Number: 21
Public Act Year: 2004
Document Type(s): MCLs
(22 results found)
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Document Type Description
Act 255 of 1986 Statute PREPAID FUNERAL AND CEMETERY SALES ACT (328.211 - 328.235)
Section 328.211 Section Short title.
Section 328.213 Section Definitions; B to D.
Section 328.214 Section Definitions; D to M.
Section 328.215 Section Definitions; N to U.
Section 328.216 Section 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.
Section 328.217 Section Deposit of funds with escrow agent; agreement to allow inspection and copying of records.
Section 328.218 Section 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.
Section 328.219 Section Notice of purchase or assignment of business operations or prepaid contracts.
Section 328.220 Section Nonguaranteed or guaranteed price contracts; execution.
Section 328.221 Section Guaranteed price contract; requirements.
Section 328.222 Section Funds to be held in escrow by escrow agent; additional commission not subject to depository requirements; commission if contract price paid in installments; refund; qualifications and selection of escrow agent; authorized investments; fees and expenses; commingling; separate accounting of principal and income; notice to contract buyer; disbursement of funds; nonprofit corporation or association as escrow agent; furnishing statement to contract buyer.
Section 328.223 Section Cancellation of prepaid contract by contract buyer; notice; disbursement of principal and income; cancellation of contract by contract seller or provider; failure to use escrow account to make funeral arrangements; assignment or transfer of obligations.
Section 328.225 Section Prices or quotations of prices; requirements; exception; manipulation of prices prohibited; provision for revocation of contract; refund; disclosure of right to cancel contract and amount of refund; disclosure of commissions; services requiring mortuary science license or funeral establishment license; construction of act; designation of new contract beneficiary; notice; clear indication of nonguaranteed price contract, actual costs, and obligations.
Section 328.226 Section Prepaid funeral contract not in writing as voidable; agreement as to rate of interest; interest added or deducted in advance; computation of interest; financing of contract.
Section 328.228 Section Prohibited conduct; rules; administrative action.
Section 328.229 Section Irrevocable prepaid contract approved by family independence agency or department of community health; rules.
Section 328.230 Section Complaint; investigation; examination of books, records, contracts, and other documents; duties of department on determination of reasonable cause to believe in occurrence of violation; violation; hearing; duties of department on determination of violation.
Section 328.231 Section Violations; penalties.
Section 328.232 Section Conversion of funds as felony; violation as misdemeanor; penalties.
Section 328.233 Section Noncompliance with investment and depositing requirements; petition for appointment of receiver; notice; hearing; liquidation.
Section 328.234 Section Action to force compliance; damages; orders.