W. Va. Code R. § 110-36-12

Current through Register Vol. XLI, No. 50, December 13, 2024
Section 110-36-12 - Inclusion of Property, Goods and Services to be Delivered Within One Hundred Twenty (120) Days

The contract may include the sale of preneed property, goods or services to be delivered within one hundred twenty (120) days after the receipt of the initial payment on account of such sale. Contracts may specify separately the total consideration paid or to be paid for preneed property, goods or services not anticipated to be delivered or provided within one hundred twenty (120) days after receipt of initial payment. If a contract does not specify the preneed property, goods or services not anticipated to be delivered or provided within the one hundred twenty (120) day period, the seller shall deposit forty percent (40%) of the total consideration for the entire contract.

W. Va. Code R. § 110-36-12