State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-5 > Subtitle-7 > 5-701

§ 5-701. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Burial space.-  

(1) "Burial space" means land or space in a structure used or to be used for burial. 

(2) "Burial space" includes a burial right in the land or space. 

(c)  Buyer.- "Buyer" means a person who buys preneed goods or preneed services. 

(d)  Preneed burial contract.- "Preneed burial contract" means a written instrument under which preneed goods or preneed services are to be sold and delivered or performed. 

(e)  Preneed services.-  

(1) "Preneed services" means services that are sold: 

(i) before the buyer's death; and 

(ii) in connection with burial or cremation. 

(2) "Preneed services" includes opening and closing a grave. 

(f)  Seller.- "Seller" means a registered cemeterian, registered crematory operator, registered seller, or any other person who sells preneed goods or preneed services. 

(g)  Specific funds.- "Specific funds" means money that is identified to a specific preneed burial contract. 

(h)  Trust account.- "Trust account" means a preneed trust account. 
 

[An. Code 1957, art. 23, § 165B; 1992, ch. 4, § 2; 1997, ch. 675, §§ 1, 2; 2010, ch. 450.] 
 

State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-5 > Subtitle-7 > 5-701

§ 5-701. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Burial space.-  

(1) "Burial space" means land or space in a structure used or to be used for burial. 

(2) "Burial space" includes a burial right in the land or space. 

(c)  Buyer.- "Buyer" means a person who buys preneed goods or preneed services. 

(d)  Preneed burial contract.- "Preneed burial contract" means a written instrument under which preneed goods or preneed services are to be sold and delivered or performed. 

(e)  Preneed services.-  

(1) "Preneed services" means services that are sold: 

(i) before the buyer's death; and 

(ii) in connection with burial or cremation. 

(2) "Preneed services" includes opening and closing a grave. 

(f)  Seller.- "Seller" means a registered cemeterian, registered crematory operator, registered seller, or any other person who sells preneed goods or preneed services. 

(g)  Specific funds.- "Specific funds" means money that is identified to a specific preneed burial contract. 

(h)  Trust account.- "Trust account" means a preneed trust account. 
 

[An. Code 1957, art. 23, § 165B; 1992, ch. 4, § 2; 1997, ch. 675, §§ 1, 2; 2010, ch. 450.] 
 


State Codes and Statutes

State Codes and Statutes

Statutes > Maryland > Business-regulation > Title-5 > Subtitle-7 > 5-701

§ 5-701. Definitions.
 

(a)  In general.- In this subtitle the following words have the meanings indicated. 

(b)  Burial space.-  

(1) "Burial space" means land or space in a structure used or to be used for burial. 

(2) "Burial space" includes a burial right in the land or space. 

(c)  Buyer.- "Buyer" means a person who buys preneed goods or preneed services. 

(d)  Preneed burial contract.- "Preneed burial contract" means a written instrument under which preneed goods or preneed services are to be sold and delivered or performed. 

(e)  Preneed services.-  

(1) "Preneed services" means services that are sold: 

(i) before the buyer's death; and 

(ii) in connection with burial or cremation. 

(2) "Preneed services" includes opening and closing a grave. 

(f)  Seller.- "Seller" means a registered cemeterian, registered crematory operator, registered seller, or any other person who sells preneed goods or preneed services. 

(g)  Specific funds.- "Specific funds" means money that is identified to a specific preneed burial contract. 

(h)  Trust account.- "Trust account" means a preneed trust account. 
 

[An. Code 1957, art. 23, § 165B; 1992, ch. 4, § 2; 1997, ch. 675, §§ 1, 2; 2010, ch. 450.]