85:20-3-4. Summary method - monthly reports¹

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. (1) Name of cemetery;
2. (2) Town where cemetery is located;
3. (3) Period covered by the report;
4. (4) Account numbers assigned to each contract;
5. (5) Name of each customer (optional);
6. (6) Description of merchandise purchased;
7. (7) Cost breakdown on each piece of merchandise sold which is covered by the Act;
8. (8) Amount of deposit made on each account;
9. (9) Beginning and ending balances.

<i>¹See Editor's Note at beginning of this Chapter.</i>