As used in this chapter, unless the context requires otherwise:
(1) “Commissioner” means the State Bank Commissioner.
(2) “Insured institution” means an insured depository institution (as defined in the Federal Deposit Insurance Act at 12 U.S.C. § 1813(c)(2)) or an insured credit union (as defined in the Federal Credit Union Act at 12 U.S.C. § 1752(7)) authorized by law to do business in this State.
(3) “Preneed burial contract” means a contract which has for a purpose the furnishing or performance of funeral services or the furnishing or delivery of personal property, merchandise or services of any nature in connection with the final disposition of a dead human body for future use at a time determinable by the death of the person whose body is to be disposed of, but does not mean the furnishing of a cemetery lot, mausoleum or memorial.
Structure Delaware Code
Chapter 34. PRENEED FUNERAL CONTRACTS
§ 3402. Preneed payments and increment as trust funds; disbursement of funds; exceptions.
§ 3403. Revocable trust accounts; refund to persons making payments.
§ 3404. Irrevocable trust accounts.
§ 3405. Trust funds; how kept and deposited.
§ 3406. License to accept preneed contract required; fees.
§ 3407. Records of licensee; requirements; inspection.
§ 3408. Periodic report requirements.
§ 3409. State Bank Commissioner to enforce law and establish rules and regulations.