Rule 590-3-1-.13 - Sales Contracts(1) Each contract for sale of burial rights, burial or funeral merchandise, or burial or funeral services shall contain details and information prescribed in O.C.G.A. § 10-14-18. The signature page of the contract shall include: (a) a statement in bold-face type of not less than ten point type, and in no event less than four points larger than the smallest type size used in the body of the contract, of the items stated in O.C.G.A. § 10-14-18(b);(b) a column or series of columns with a description of all items sold or for which fees are charged, with a corresponding price appearing to the right of each item. The total purchase price shall appear immediately below the descriptions of items and prices;(c) a statement or line item showing the amounts to be deposited in any trust or escrow account expressed as either a dollar amount or the percentage of the sales price as required by the Act;(d) the signatures of the purchaser and the signature and printed name of the authorized representative of the registrant; and(e) the following in bold face type of not less than the greater of ten points or four (4) points larger than the smallest type face appearing elsewhere in the contract: IF YOU HAVE ANY COMPLAINTS ABOUT THIS CONTRACT OR THIS TRANSACTION OR HAVE QUESTIONS ABOUT THE LAW GOVERNING THIS TRANSACTION, YOU MAY CONTACT THE OFFICE OF THE GEORGIA SECRETARY OF STATE AT (404) 656-3920.
(2) Any form of contract complying with any applicable federal law or regulation relating to the identical subject matter of information and required items of disclosure described herein shall be deemed in compliance with this rule to that extent. Any disclosure required by the present rule that is not contained in any contract whose contents are governed by such applicable federal law or regulation may be made by separate document displayed to and acknowledged by the customer at the time of purchase.(3) The Secretary of State may, upon request by the registrant, approve the use of other forms of contracts, the form of which are in substantial conformity with the requirements of this rule.Ga. Comp. R. & Regs. R. 590-3-1-.13
O.C.G.A. Secs. 10-14-14, 10-14-18, 44-3-139.
Original Rule entitled "Joint Venture" was filed as Emergency Rule 590-3-1-0.8-.13 on July 7, 1983; effective July 1, 1983, the date of adoption, to remain in effect for 120 days or until the effective date of a permanent Rule covering the same subject matter is adopted, as specified by the Agency.Amended: Permanent Rule of the same title adopted. Filed September 9, 1983; effective October 5, 1983, as specified by the Agency.Amended: Filed December 20, 1988; effective January 9, 1989.Repealed: Rule retitled "Sales Contracts" held in Reserve. F. July 26, 2000; eff. August 15, 2000.Repealed: New Rule of same title adopted. F. Jan. 17, 2002; eff. Feb. 6, 2002. Repealed: New Rule of same title adopted. F. May 19, 2005; eff. June 8, 2005.