The licensee shall keep accurate accounts, books and records in this State of all transactions, copies of all agreements, dates and amounts of payments made and accepted thereon, the names and addresses of the contracting parties, the persons for whose benefit funds are accepted, and the names of the insured institutions in which the funds are deposited or invested. The licensee shall make all books and records pertaining to the trust funds available to the Commissioner for examination. The Commissioner may at any time investigate the books, records and accounts of the licensee with respect to its trust funds, and for that purpose may require the attendance of and examine under oath all persons whose testimony the Commissioner may require.
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.