 |
Florida Administrative Code (Last Updated: October 28, 2024) |
 |
69. Department of Financial Services |
|
69K. Division of Funeral, Cemetery, and Consumer Services |
|
69K-5. Cemetery Regulation And Preneed Sales |
1The amounts required to be remitted by a preneed licensee to the Regulatory Trust Fund, pursuant to the provisions of section 22497.453(9), F.S., 24shall be determined in accordance with the following criteria:
33(1) A preneed contract or arrangement shall be deemed to be written within the meaning of section 50497.453, F.S., 52when a preneed contract or arrangement is executed by both the purchaser and the preneed licensee or its agent. A remittance for a preneed contract or arrangement dated within a specific quarter shall be submitted in the report for such quarter.
93(2) Beginning with contracts written July 1, 2009, each preneed licensee shall remit to the Regulatory Trust Fund of the Department of Financial Services a fee of $6.00 for each preneed contract written; regardless of any payments made by the purchaser.
134(3) Assessments required to be remitted pursuant to section 143497.453, F.S., 145shall not be payable from funds subject to the trust provisions of sections 158497.458 159and 160497.464, F.S. 162Refund of a regulatory trust fund fee by a licensee to its customer shall not relieve the licensee of its obligation to remit regarding that contract under section 190497.453(6), F.S.
192(4) Contracts canceled within thirty days of execution as provided by section 204497.453, F.S., 206shall not be counted as a contract sold for purposes of determining the amount to be remitted to the Regulatory Trust Fund.
228(5) If a contract is canceled after thirty days of execution, the preneed licensee shall not be entitled to credit the remittance for that contract against future remittances.
256(6) 257Quarterly preneed remittances must be made by preneed licensees in the following manner:
270(a) Servicing agents must follow the procedures in Form DFS-PNS-1, User Manual for Servicing Agents for the Preneed Remittance System (PNRS) (Eff. 04/22), which is hereby incorporated by reference and available at 302https://www.flrules.org/Gateway/reference.asp?No=Ref-14144 304or on the Department’s website: 309https://www.myfloridacfo.com/Division/funeralcemetery/Licensing.
310(b) Appointing agents and third-party users must follow the procedures in Form DFS-PNS-2, User Manual for Appointing Entity Users for the Preneed Remittance System (PNRS) (Eff. 04/22), which is hereby incorporated by reference and available at 346https://www.flrules.org/Gateway/reference.asp?No=Ref-14145 348or on the Department’s website: 353https://www.myfloridacfo.com/Division/funeralcemetery/Licensing.
354(7) No preneed licensee is entitled to a refund of its contribution to the Regulatory Trust Fund. A preneed licensee who overpays the amount due to the Regulatory Trust Fund may make the necessary adjustments in future reports, provided the adjustment is adequately disclosed and includes a reasonable explanation therefor.
404(8) It is the responsibility of the preneed licensee to ensure the correct report and remittance is made.
422Rulemaking Authority 424497.103, 425497.161, 426497.453 FS. 428Law Implemented 430497.103, 431497.152, 432497.161, 433497.453 FS. 435History–New 5-13-97, Amended 12-12-00, Formerly 3F-5.0024, Amended 6-22-09, 6-7-10, 5-29-22.
