There is a newer version of the South Dakota Codified Laws
2006 South Dakota Code - 55-11-9 — Annual report required--Contents--Filing fee--Confidentiality--Violation asmisdemeanor.
55-11-9. Annual report required--Contents--Filing fee--Confidentiality--Violation as misdemeanor. Before March first of each year, the owner or manager of each cemetery association or licensed funeral establishment that has entered into any prearranged funeral trust contracts shall file a report covering the period of the preceding calendar year with the State Board of Funeral Service. The report shall include:
(1) The name and address of the licensed
funeral establishment or cemetery association, the name and address
of the manager or operator thereof, and the name of the contract
holder;
(2) The lump sum consideration paid upon
each prearranged funeral trust contract sold or the total amount in
dollars of any installments paid upon each prearranged funeral
trust contract sold;
(3) The name and address of the banking
institution, federal credit union or savings and loan association
in which such consideration was deposited;
(4) The total in dollars of all sums
received as consideration upon prearranged funeral trust contracts
executed by the licensed funeral establishment or cemetery
association or in its behalf during all periods after July 1, 1986,
which are undrawn or unexpended and on deposit in a banking
institution, federal credit union or savings and loan association
or in the hands of the licensed funeral establishment or cemetery
association; and
(5) The current value, including accrued
interest of each prearranged funeral trust contract being
held.
The report
shall be accompanied by a filing fee of five dollars. The contracts
filed under this section are not public records and are
confidential records of the board. Failure to file this report is a
Class 2 misdemeanor.
Source: SL 1986, ch 408, § 11; SL 1990, ch 388.
Disclaimer: These codes may not be the most recent version. South Dakota may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.