§441-24.7 - Actuarial study, audited financial statement, trust agreement; available for review.
[§441-24.7] Actuarial study, audited
financial statement, trust agreement; available for review. (a) The
actuarial study, audited financial statement, and trust agreement filed by a
cemetery or pre-need funeral authority, as required by this chapter, shall be
available for review by any member of the general public upon request. The
review of these documents shall be done during the department's normal business
hours. The director shall have the right to deny review for reasons specified
in rules adopted by the director pursuant to chapter 91.
(b) Upon delivery of an itemized price list to
a prospective purchaser and upon execution of a contract for perpetual care and
pre-need services, the cemetery or pre-need funeral authority shall notify the
person of the availability for review of the actuarial study, audited financial
statement, and trust agreement on file with the department as provided in this
section. [L 1985, c 101, §26]