1. (a) Subject to the provisions of this section, the Board shall issue a pre-need trustee license to an applicant if the applicant:

   1. (1) Applies to the Board on an application provided by the Board;
   2. (2) Has been actively licensed in good standing by the Board for a minimum of 5 years while working in a facility that has accepted pre-need contracts and who can provide proof to the Board that these services have been provided by the applicant;
   3. (3) Has been appointed as a pre-need trustee by the holder of an executor license issued under § 7-308.1 of this subtitle;
   4. (4) Is of good moral character; and
   5. (5) Pays the required fee.

2. (b)

   1. (1) While a pre-need trustee license is effective, the license authorizes the license holder to manage pre-need accounts held by a funeral establishment until the closing or sale of the funeral establishment.
   2. (2) Notwithstanding the provisions of § 7-314 of this subtitle, a pre-need trustee license is valid from the date of issuance until the date of expiration of the license of the executor who appointed the license holder as a pre-need trustee under subsection (a)(3) of this section.
3. (c) The holder of a pre-need trustee license issued under this section may be the supervising mortician in a funeral establishment.

Added by Acts 2014, c. 322, § 1, eff. Oct. 1, 2014.