Section 331-16-8 - Sale or Transfer of Funeral HomeUpon the sale or transfer of a funeral home, whether voluntary or involuntary, and except as otherwise ordered by a court of competent jurisdiction, the new owner-
1. Shall automatically be substituted as trustee of all existing mortuary trusts of which the former owner is trustee; and2. Shall assume the former owner's obligation to perform all existing preneed contracts for funeral goods and services to which the former owner is a party.02-331 C.M.R. ch. 16, § 8