Statutes, codes, and regulations
Mississippi Administrative Code
Title 1 - Secretary of StatePart 12 - Regulation and Enforcement - Preneed Funeral Service and Mdse. and Perpetual Care Cemeteries RegulationSubpart 3 - Mississippi Preneed Contracts Loss Recovery Association Rules
Chapter 1 - Association
Rule 1-12-3-1.2 - Purpose

1 Miss. Code. R. 12-3-1.2

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Current through December 10, 2024
Rule 1-12-3-1.2 - Purpose

The purpose of the Preneed Loss Recovery Association is to oversee the Preneed Contracts Loss Recovery Fund. The purpose of the fund is to reimburse the estates, or in the absence of an estate filing, the appropriate loss payee, who suffered financial loss as a result of the misfeasance, fraud, default, failure or insolvency of a registered Mississippi preneed provider.

1 Miss. Code. R. 12-3-1.2

Miss. Code Ann. § 75-63-81(9)(Rev. 2009).