Admin. R. Mont. 24.147.1506
Preneed Agreements – Notification of Closure or Change of Ownership – Mortuary, Branch Establishment, or Crematory
Effective Apr 18, 2020Authorizing statute(s): 37-1-131, 37-19-202, 37-19-807, MCA; Implementing statute(s): 37-1-131, 37-19-402, 37-19-403, 37-19-703, 37-19-807, 37-19-823, 37-19-827, 37-19-828, MCAState of Montana
(1) When there is a closure of a mortuary, branch establishment, or crematory, in addition to the requirements in ARM 24.147.407, the owner must:
- (a) notify all preneed funeral arrangement purchasers prior to closure or change of ownership; and
- (b) within 30 days of the closure, notify the board that the purchasers have been notified of the closure.
(2) When there is change of ownership of a mortuary, branch establishment, or crematory, the following must occur within 30 days of the change of ownership:
- (a) the previous owner must notify the board that the new owner has been informed of all existing preneed agreements and monies held in trust; and
(b) the new owner must:
- (i) notify all preneed funeral arrangement purchasers of the change of ownership; and
- (ii) notify the board that all purchasers have been notified of the change of ownership.
Authorizing statute(s): 37-1-131, 37-19-202, 37-19-807, MCA
Implementing statute(s): 37-1-131, 37-19-402, 37-19-403, 37-19-703, 37-19-807, 37-19-823, 37-19-827, 37-19-828, MCA
History: NEW, 2020 MAR p. 670, Eff. 4/18/20.