Section 30-2-9-7 - False reports; illegal use or disbursement of funds(a) Except as provided in subsection (b) or (c), a person who violates this chapter or makes any false and fraudulent report required under this chapter commits a Class B misdemeanor.(b) A person who knowingly or intentionally uses or disburses funds in a funeral trust established under this chapter for purposes other than the purposes required under this chapter commits a Level 5 felony.(c) Except as authorized in an agreement described in section 4 of this chapter permitting the early withdrawal of funds, a trustee that disburses funds in a funeral trust established under this chapter without verifying: (1) the death of the individual for whom services are to be provided under the contract; and(2) that the beneficiary fully performed all funeral and burial services provided for in the contract; through the use of documentation required under rules adopted by the state board of funeral and cemetery service established by IC 25-15-9-1 commits a Class A infraction.
Amended by P.L. 158-2013, SEC. 304, eff. 7/1/2014.(Formerly: Acts 1963, c.303, s.7.) As amended by Acts1978 , P.L. 2, SEC.3001; P.L. 113-2007, SEC.8; P.L. 61-2008, SEC.4.