§ 30-2-9-1 Agreement or contract; personal property, merchandise, or services; General Cemetery law
§ 30-2-9-1.5 Funeral trusts
§ 30-2-9-2 Deposit of funds; investments
§ 30-2-9-3 Permits; fidelity bonds; accounts, books, and records
§ 30-2-9-4 Deposits or investments; interest or dividends; withdrawal; forfeiture
§ 30-2-9-5 Compensation and expenses of trustee
§ 30-2-9-6 Liquidated damages
§ 30-2-9-7 False reports; illegal use or disbursement of funds
§ 30-2-9-8 Partial invalidity of law
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Terms Used In Indiana Code > Title 30 > Article 2 > Chapter 9 - Prepaid Funeral Plans and Funeral Trust Funds Established Before 1982

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Testimony: Evidence presented orally by witnesses during trials or before grand juries.
  • Trustee: A person or institution holding and administering property in trust.
  • Verified: when applied to pleadings, means supported by oath or affirmation in writing. See Indiana Code 1-1-4-5