Purpose


The proposed rule amendment deletes language from subsection (3) that prohibits preneed licensees from making direct line item charges to customers on preneed contracts for the fee licensees must remit to the Regulatory Trust Fund. New language is also added to subsection (3) to clarify that any refund of such fees to customers does not relieve preneed licensees of their obligation to remit to the Fund. The proposed rule amendment deletes and replaces all existing language in subsection (6), to reflect the deletion of Form DFS-RTF-1, “Preneed Funeral Contract Regulatory Trust Fund Remittance.” That form is replaced by new Form DFS-N1-2013, “Quarterly Preneed Remittance Invoice.” The new form serves to collect remittances from both the Regulatory Trust Fund and the Preneed Funeral Contract Consumer Protection Trust Fund, thereby streamlining the administrative process.