832 IAC 8-1-2 Purpose of the preneed consumer protection fund

Sec. 2. The purpose of the preneed consumer protection fund established under IC 30-2-13-28 is to provide restitution to the following: (1) A purchaser of a preneed contract under IC 30-2-13. (2) An individual who has established a funeral trust under IC 30-2-9 or IC 30-2-10. (3) An individual who has established a cemetery escrow or trust under IC 23-14-49-1. (4) The estate of an individual described in subdivision (1), (2), or (3). (5) A funeral home, funeral director, or cemetery owner that performs a defaulted contract when the original seller of the prepaid services or merchandise has defaulted on a contract.