Terms Used In West Virginia Code 35-5B-6

• Contract: A legal written agreement that becomes binding when signed.
• Preneed: means at any time other than either at the time of death or while death is imminent. See West Virginia Code 35-5B-1
• seller: means any person, partnership, firm or corporation engaged in the business of operating a cemetery or selling property, goods or services used in connection with interring or disposing of the remains or commemorating the memory of a deceased human being, where delivery of the property or goods or performance of the service may be delayed later than one hundred twenty days after receipt of the initial payment on account of such sale. See West Virginia Code 35-5B-1
• Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. ^{Source: OCC}