Michigan Compiled Laws Complete Through PA 185 of 2024
MCL Complete Through PA 185 of 2024
Senate adjourned until Tuesday, January 21, 2025 10:00 AM
Senate adjourned until 01/21/25 10:00 AM
House adjourned until Wednesday, January 22, 2025 1:30 PM
House adjourned until 01/22/25 1:30 PM
Document - Section 456.536
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Section 456.536
Irrevocable endowment and perpetual care trust fund; establishment and maintenance; commingling prohibited; annual report; application for modification or waiver; expenses; bundling of funds with common ownership; pooling of trust or escrow funds for investment purposes; agreement with regulated financial institutions with trust powers; deposits; agent or seller; deposit requirements; use of interest or income; merchandise trust account; deposit for sale of burial vaults or containers; repayment; installation of vault; contents of cemetery merchandise and services contract; annual reports; deficit in amount of required deposits; penalty; hearing; additional penalty; powers and jurisdiction of attorney general and courts; disposition of fees, charges, and penalties; notice of financial transaction or investment; failure to submit reports under subsections (12) and (13); civil actions.