State Codes and Statutes

Statutes > New-jersey > Title-45 > Section-45-7 > 45-7-89

45:7-89.     Written statement to purchaser of new arrangements
    8.   Where a provider, with the written consent of the purchaser, replaces a funeral trust used to fund a prepaid funeral agreement with a funeral insurance policy or converts an agreement funded by a funeral trust to one which is funded by a funeral insurance policy, the provider shall give to the purchaser a written statement which sets forth the material differences between the original and the new funding arrangements and which discloses the provider's earning of a commission based upon that transaction.

   L.1993,c.147,s.8.

State Codes and Statutes

Statutes > New-jersey > Title-45 > Section-45-7 > 45-7-89

45:7-89.     Written statement to purchaser of new arrangements
    8.   Where a provider, with the written consent of the purchaser, replaces a funeral trust used to fund a prepaid funeral agreement with a funeral insurance policy or converts an agreement funded by a funeral trust to one which is funded by a funeral insurance policy, the provider shall give to the purchaser a written statement which sets forth the material differences between the original and the new funding arrangements and which discloses the provider's earning of a commission based upon that transaction.

   L.1993,c.147,s.8.