Current through Register Vol. 39, No. 12, December 1, 2024
Section 34D .0302 - ANNUAL REPORTEach preneed funeral establishment licensee shall file an annual report with the Board. The report shall include the following:
(1) the total number of standard and inflation-proof trust-funded and insurance-funded preneed funeral contracts maintained by the licensee;(2) the number of contracts sold in the reporting period;(3) the number of contracts that expired, including contracts performed, revoked and transferred, in the reporting period;(4) the total year-end balance of all preneed trust accounts maintained at each financial institution;(5) the total year-end balance of all insurance-funded preneed contracts written with each insurance company;(6) for each preneed contract sold, whether the preneed contract is active, performed, cancelled, or lapsed; and(7) for each active preneed contract, the current insurance policy value or trust account balance. The annual report shall be certified as correct by the location manager registered under G.S. 90-210.25(d)(2)a. or by a corporate officer of the preneed establishment licensee. The annual report shall be filed not later than March 31 each year by each firm holding a preneed establishment license at any time during the preceding year ending December 31.
21 N.C. Admin. Code 34D .0302
Authority G.S. 90-210.69(a); 90-210.68(a);
Eff. May 1, 1993;
Amended Eff. September 1, 2009;
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017;
Amended Eff. October 1, 2021.Authority G.S. 90-210.69(a); 90-210.68(a);
Eff. May 1, 1993;
Amended Eff. September 1, 2009.
Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017;Amended by North Carolina Register Volume 36, Issue 09, November 1, 2021 effective 10/1/2021.