Act
Prepaid funeral and cemetery sales act
- Mich. Comp. Laws § 328.211— Short title
- Mich. Comp. Laws § 328.212— Meanings of words and phrases
- Mich. Comp. Laws § 328.213— Definitions; B to D
- Mich. Comp. Laws § 328.214— Definitions; D to M
- Mich. Comp. Laws § 328.215— Definitions; N to U
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 328.217— Deposit of funds with escrow agent; agreement to allow inspection and copying of records
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 328.219— Notice of purchase or assignment of business operations or prepaid contracts
- Mich. Comp. Laws § 328.220— Nonguaranteed or guaranteed price contracts; execution
- Mich. Comp. Laws § 328.221— Guaranteed price contract; requirements
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 328.224— Liability for principal and income; investment of funds; changing escrow agent or depository
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 328.227— Rules generally
- Mich. Comp. Laws § 328.228— Prohibited conduct; rules; administrative action
- Mich. Comp. Laws § 328.229— Irrevocable prepaid contract approved by family independence agency or department of community health; rules
- Mich. Comp. Laws § 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
- Mich. Comp. Laws § 328.231— Violations; penalties
- Mich. Comp. Laws § 328.232— Conversion of funds as felony; violation as misdemeanor; penalties
- Mich. Comp. Laws § 328.233— Noncompliance with investment and depositing requirements; petition for appointment of receiver; notice; hearing; liquidation
- Mich. Comp. Laws § 328.234— Action to force compliance; damages; orders
- Mich. Comp. Laws § 328.235— Effective date