815 ILCS 390/17

Current through Public Acts 103-1 through 103-587, 103-589, and 103-590

Section 815 ILCS 390/17

The principal and undistributed income of the trust created pursuant to Section 15 of this Act shall be paid to the seller if:

(1) the seller certifies by sworn affidavit to the trustee that the purchaser or the beneficiary named in the pre-need contract has deceased and that seller has fully delivered or installed all items included in the pre-need contract and fully performed all pre-need cemetery services he is required to perform under the pre-need contract; or

(2) the seller certifies by sworn affidavit to the trustee that seller has made full delivery, as defined herein.

815 ILCS 390/17

P.A. 84-239.

Amended by P.A. 100-0863,§ 665, eff. 8/14/2018.