- (1) The Commissioner shall require an annual audit to ensure that each contract seller will be able to perform its contract with the purchaser.
- (2) The fee for the audit of pre-need trust accounts shall be three hundred dollars ($300.00) per auditor, per day. The contract seller shall be billed in increments of not less than one-half day for each half-day or any portion thereof.
- (3) The contract seller shall remit payment to the Department not later than sixty (60) days after the invoice date.
Authority: T.C.A. §62-5-405(a), (b), and (c). Administrative History: Original rule filed October 22, 2002; effective January 5, 2003.