N.J. Stat. § 45:7-89

Current through L. 2024, c. 87.
Section 45:7-89 - Written statement to purchaser of new arrangements

Where a provider, with the written consent of the purchaser, replaces a funeral trust used to fund a prepaid funeral agreement with a funeral insurance policy or converts an agreement funded by a funeral trust to one which is funded by a funeral insurance policy, the provider shall give to the purchaser a written statement which sets forth the material differences between the original and the new funding arrangements and which discloses the provider's earning of a commission based upon that transaction.

N.J.S. § 45:7-89

L.1993, c.147, s.8.