Prearranged funeral trust agreement
[DOC File]32-1301; Definitions
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"Trust funds" means all monies that are deposited on behalf of a beneficiary of a prearranged funeral agreement funded by trust and all accrued net interest. Trust funds shall be considered an account kept in suspense until distributed to the beneficiary, the funeral establishment or the estate of the beneficiary in accordance with this article. 53. "Universal precautions" means the universal ...
[DOC File]Board of Funeral Service - Maine
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Chapter 16: PREARRANGED FUNERALS – MORTUARY TRUST AGREEMENTS. SUMMARY: This chapter adopts forms of mortuary trust agreements for use in Maine. Creation of Mortuary Trust . A mortuary trust subject to 32 MRSA §1401 is created when: Funds are entrusted by a payor to a funeral home as payee under an agreement that the funds will be used for expenses associated with funeral …
[DOC File]Bill Draft Document_
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1. Plan requirements. Any prearranged funeral or burial plan contracted or undertaken within this State must comply with the following. A. All money paid during a person's lifetime to any individual, firm, association, partnership or corporation, by that person or by someone on behalf of that person, under an agreement that services will be performed or personal property will be delivered in ...
[DOCX File]VA-NAGE MASTER AGREEMENT
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This relationship must be built upon a solid foundation of trust, mutual respect, and a shared responsibility for organizational success. The Parties agree that the development and implementation of modern and progressive work methods can facilitate and improve employee performance and the efficient accomplishment of the Department’s mission. The Parties strongly encourage open communication ...
[DOCX File]www.mainelegislature.org
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The agreement must clearly state the name of the initial financial institution or credit union into which the money will be deposited and must direct the payor to send a copy of the agreement to the named financial institution or credit union. The agreement must clearly state terms providing for disposition of excess funds after funeral goods and services have been provided. The agreement must ...
[DOCX File]legislature.maine.gov
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"Funeral service profession" means the aggregate of all funeral service licensees and their duties and responsibilities in connection with the funeral as an organized, purposeful, time limited, flexible, group centered response to death. [PL 1967, c. 253, §1 (NEW).] 5. Practice of funeral service. "Practice of funeral service" means the engagement of a person in the care or disposition of the ...
[DOC File]Maine Administrative Procedure Act
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CHAPTER 16: Prearranged Funerals and Burial Plans--Mortuary Trust Agreements. STATUTORY AUTHORITY: 32 M.R.S.A., §§1401(2) and1451 . PURPOSE: Makes many changes relating to mortuary trust agreements made by Maine funeral homes. Makes major changes to guaranteed service mortuary trust agreement (formerly known as guaranteed price mortuary trust agreement) and credit for service mortuary trust ...
[DOCX File]District of Columbia Municipal Regulations
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– a contract, agreement, or mutual understanding, or any series or combination of contracts, agreements, or mutual understandings, which has for its purpose the furnishing or performance of funeral services, or the furnishing or delivery of personal property, goods, or services of any nature in connection with the final disposition of a dead human body, to be furnished or delivered at a time ...
[DOC File]THIS AGREEMENT made this 21 day of November , A
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THIS AGREEMENT made this 16th day of JANUARY , A.D. 2004, BETWEEN:- ... Attend funeral as pall-bearer or mourner - up to ½ day (b) Reasonable notice of time is required for the above and Sub-sections 1., 2., 5. and 6. shall be in writing. Approval shall not be withheld without cause. 24.02 General Leave (a) General leave of absence without pay may be granted by the Authority if requested in ...
[DOC File]32-1391.05; Prearranged funeral agreements funded by ...
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All monies paid under a fixed price prearranged funeral agreement funded by trust shall be deposited, within twenty-one calendar days or fifteen business days, whichever is shorter after the receipt of the monies, in a prearranged funeral trust account with a financial institution doing business in this state. In investing these monies the trustee shall exercise the judgment and care of a ...
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