(a) No burial association shall issue a certificate for benefits for any member in excess of two thousand five hundred dollars ($2,500), and no certificate shall provide for free service, merchandise, or supplies in addition to the amount of benefits set forth in the certificate.
(b) If other than the contract funeral home performs the funeral service, the benefit shall be paid to that licensed funeral home on the basis of one hundred percent (100%) of the face amount of the certificate, in cash.
Structure Arkansas Code
Title 23 - Public Utilities and Regulated Industries
Chapter 78 - Burial Associations
§ 23-78-103. Chapter exclusive authority
§ 23-78-109. Burial associations under authority, supervision, and control of board
§ 23-78-110. Certificate of authority
§ 23-78-111. Fees — Oath at payment
§ 23-78-112. Certificate for benefits — Issuance
§ 23-78-113. Agent's license required
§ 23-78-114. False claim, promise, or representation of agent
§ 23-78-116. Membership dues and assessments
§ 23-78-117. Books, records, accounts, and documents — Inspection and audit
§ 23-78-118. Books — False entries prohibited
§ 23-78-119. Records — Failure to maintain
§ 23-78-120. Semiannual reports
§ 23-78-122. Disposition of collections
§ 23-78-123. Disposition of fees and charges
§ 23-78-124. Revocation of certificate, license, charter, etc. — Hearing
§ 23-78-125. Revocation of certificate, license, charter, etc. — Appeal
§ 23-78-126. Plan for excess financial resources — Approval required