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255 of 1986 - Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)
Law
Michigan Compiled Laws
Dead Human Bodies
255 of 1986 - Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)
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Section
328.211
Short Title.
Section
328.212
Meanings of Words and Phrases.
Section
328.213
Definitions; B to D.
Section
328.214
Definitions; D to M.
Section
328.215
Definitions; N to U.
Section
328.216
Certificate of Registration to Sell, Provide, or Agree to Provide Merchandise or Services Pursuant to Prepaid Contract; Application; Fee; Duration of Certificate; Contents of Application Form; Renewal of Registration; Sworn Statement or Special Report; Expiration of Certificate; Reinstatement of Registration; Grounds for Denial of Registration; Compliance; Petition for Reconsideration; Hearing.
Section
328.217
Deposit of Funds With Escrow Agent; Agreement to Allow Inspection and Copying of Records.
Section
328.218
Accounts, Books, and Records; Special Report; Examination; Corrective or Penal Action; Examination, Review, or Audit of Books and Records; Authorization of Escrow Agents to Open Records; Statement in Lieu of Special Report.
Section
328.219
Notice of Purchase or Assignment of Business Operations or Prepaid Contracts.
Section
328.220
Nonguaranteed or Guaranteed Price Contracts; Execution.
Section
328.221
Guaranteed Price Contract; Requirements.
Section
328.222
Funds to Be Held in Escrow by Escrow Agent; Additional Commission Not Subject to Depository Requirements; Commission if Contract Price Paid in Installments; Refund; Qualifications and Selection of Escrow Agent; Authorized Investments; Fees and Expenses; Commingling; Separate Accounting of Principal and Income; Notice to Contract Buyer; Disbursement of Funds; Nonprofit Corporation or Association as Escrow Agent; Furnishing Statement to Contract Buyer.
Section
328.223
Cancellation of Prepaid Contract by Contract Buyer; Notice; Disbursement of Principal and Income; Cancellation of Contract by Contract Seller or Provider; Failure to Use Escrow Account to Make Funeral Arrangements; Assignment or Transfer of Obligations.
Section
328.224
Liability for Principal and Income; Investment of Funds; Changing Escrow Agent or Depository.
Section
328.225
Prices or Quotations of Prices; Requirements; Exception; Manipulation of Prices Prohibited; Provision for Revocation of Contract; Refund; Disclosure of Right to Cancel Contract and Amount of Refund; Disclosure of Commissions; Services Requiring Mortuary Science License or Funeral Establishment License; Construction of Act; Designation of New Contract Beneficiary; Notice; Clear Indication of Nonguaranteed Price Contract, Actual Costs, and Obligations.
Section
328.226
Prepaid Funeral Contract Not in Writing as Voidable; Agreement as to Rate of Interest; Interest Added or Deducted in Advance; Computation of Interest; Financing of Contract.
Section
328.227
Rules Generally.
Section
328.228
Prohibited Conduct; Rules; Administrative Action.
Section
328.229
Irrevocable Prepaid Contract Approved by Family Independence Agency or Department of Community Health; Rules.
Section
328.230
Complaint; Investigation; Examination of Books, Records, Contracts, and Other Documents; Duties of Department on Determination of Reasonable Cause to Believe in Occurrence of Violation; Violation; Hearing; Duties of Department on Determination of Violation.
Section
328.231
Violations; Penalties.
Section
328.232
Conversion of Funds as Felony; Violation as Misdemeanor; Penalties.
Section
328.233
Noncompliance With Investment and Depositing Requirements; Petition for Appointment of Receiver; Notice; Hearing; Liquidation.
Section
328.234
Action to Force Compliance; Damages; Orders.
Section
328.235
Effective Date.