There is a newer version of the Kentucky Revised Statutes
2009 Kentucky Revised Statutes
CHAPTER 367 CONSUMER PROTECTION
367.962 Allocation of payments -- Increase of gross sale price prohibited.
Download pdfwithout allocation of the gross sale price among the items sold, the application of
payments received under the contract shall be allocated, first to the right to
interment, inurnment or entombment, second to items of cemetery merchandise
relating to memorialization and third, to items relating to the disposition of the
remains of a dead human being, including preneed funeral merchandise and
services, unless some other allocation is clearly provided in the contract. (2) Any person engaging in a combination sale which involves the sale of any item in addition to the sale of cemetery merchandise or a combination sale which involves
the sale of any item in addition to the sale of rights to interment, inurnment or
entombment shall be prohibited from increasing the gross sales price of those items
which require the lesser trust fund deposit with the purpose of allocating a lesser
gross sales price to items which require a higher trust fund requirement. Effective: July 13, 1984
History: Repealed, reenacted, and amended as KRS 367.962, 1984 Ky. Acts ch. 116, Ky. Acts ch. 18, effective July 13, 1984. -- Created 1976 Ky. Acts ch. 294, sec. 8. Formerly codified as KRS 307.160.
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