Okla. Admin. Code § 85:20-3-4

Current through Vol. 42, No. 8, January 2, 2025

Section 85:20-3-4 - Summary method - monthly reports [1]

The Cemetery Merchandise Trust Act provides that each Permittee must either provide a copy of each contract to its Trustee or may, in lieu thereof, submit a summary of the relevant information from the contracts. If a Permittee chooses to use the summary method, the information shall be submitted on a monthly basis to the Trustee on a form provided by the State Banking Department. The Report shall contain the following information:

(1) Name of cemetery;

(2) Town where cemetery is located;

(3) Period covered by the report;

(4) Account numbers assigned to each contract;

(5) Name of each customer (optional);

(6) Description of merchandise purchased;

(7) Cost breakdown on each piece of merchandise sold which is covered by the Act;

(8) Amount of deposit made on each account;

(9) Beginning and ending balances.

Okla. Admin. Code § 85:20-3-4

¹See Editor's Note at beginning of this Chapter.