2011 South Dakota Code
Title 55 FIDUCIARIES AND TRUSTS
Chapter 11. Prearranged Funeral Trusts
§55-11-3.1 Clause required in contract not providing guaranteed price.


SD Codified L § 55-11-3.1 (through 2011) What's This?

55-11-3.1. Clause required in contract not providing guaranteed price. In addition to the requirements of § 55-11-3, any contract entered into pursuant to § 55-11-1, which does not provide for a guaranteed price for services or personal property to be delivered or performed pursuant to the terms of the contract, shall contain the following in twelve point bold type:

ANY FUNDS PAID UNDER THIS CONTRACT ARE ONLY A DEPOSIT TO BE APPLIED TOWARD THE FINAL COSTS OF THE SERVICES OR PERSONAL PROPERTY CONTRACTED FOR. ADDITIONAL CHARGES MAY BE REQUIRED.

Source: SL 1981, ch 355, § 4.

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