(a) Except as provided in § 3404 of this title, upon the giving of 15 days' written notice, any person, partnership or corporation who has paid funds for a preneed funeral service may demand a refund of the entire amount actually paid, together with all interest, dividends, increases or accretions of any kind whatsoever which have been earned on such funds.
(b) The insured institution shall be relieved from further liability, after making payment to the person making payment of said funds, to the trustee upon receipt of the foregoing written notice. Notice of payment of funds under this section shall be given by the insured institution to the trustee.
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.