Occupations and Professions
Funeral Services Licensing Act
Section 706
Trust funds and insurance reports.
     58-9-706.   Trust funds and insurance reports.
     (1) (a) Each funeral service establishment shall maintain an annual report of preneed trust funds and insurance.
     (b) The report shall contain:
     (i) the name of the trustees with which the funeral service establishment has trust funds on deposit; and
     (ii) the amount remaining on deposit in the trust fund on:
     (A) December 31 of the preceding year; or
     (B) another annual reporting period as the division may establish.
     (2) Each funeral service establishment may be audited by the division at any time.

Amended by Chapter 144, 2007 General Session
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