Michigan Compiled Laws
Chapter 328 - Dead Human Bodies
Act 255 of 1986 - Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)

Section 328.211 - Short Title. - Sec. 1. This act shall be known and may be...

Section 328.212 - Meanings of Words and Phrases. - Sec. 2. For the purposes of this act, the words...

Section 328.213 - Definitions; B to D. - Sec. 3. As used in this act: (a) “Burial right”...

Section 328.214 - Definitions; D to M. - Sec. 4. (1) As used in this act: (a) “Depository”...

Section 328.215 - Definitions; N to U. - Sec. 5. As used in this act: (a) “Nonguaranteed price...

Section 328.216 - Certificate of Registration to Sell, Provide, or Agree to Provide Merchandise or Services Pursuant to Prepaid Contract; Application; Fee; Duration of Certificate; Contents of Application Form; Renewal of Registration; Sworn Statemen... - Sec. 6. (1) A person shall not sell, provide, or...

Section 328.217 - Deposit of Funds With Escrow Agent; Agreement to Allow Inspection and Copying of Records. - Sec. 7. A registrant who deposits funds with an escrow...

Section 328.218 - Accounts, Books, and Records; Special Report; Examination; Corrective or Penal Action; Examination, Review, or Audit of Books and Records; Authorization of Escrow Agents to Open Records; Statement in Lieu of Special Report. - Sec. 8. (1) A registrant shall keep, in this state,...

Section 328.219 - Notice of Purchase or Assignment of Business Operations or Prepaid Contracts. - Sec. 9. The purchaser or assignee of a registrant's business...

Section 328.220 - Nonguaranteed or Guaranteed Price Contracts; Execution. - Sec. 10. All prepaid contracts provided for under this act...

Section 328.221 - Guaranteed Price Contract; Requirements. - Sec. 11. (1) A guaranteed price contract shall designate a...

Section 328.222 - Funds to Be Held in Escrow by Escrow Agent; Additional Commission Not Subject to Depository Requirements; Commission if Contract Price Paid in Installments; Refund; Qualifications and Selection of Escrow Agent; Authorized Investment... - Sec. 12. (1) Except as otherwise provided in subsection (2),...

Section 328.223 - Cancellation of Prepaid Contract by Contract Buyer; Notice; Disbursement of Principal and Income; Cancellation of Contract by Contract Seller or Provider; Failure to Use Escrow Account to Make Funeral Arrangements; Assignment or Tra... - Sec. 13. (1) A contract buyer may cancel a prepaid...

Section 328.224 - Liability for Principal and Income; Investment of Funds; Changing Escrow Agent or Depository. - Sec. 14. (1) Payments of principal and income by a...

Section 328.225 - Prices or Quotations of Prices; Requirements; Exception; Manipulation of Prices Prohibited; Provision for Revocation of Contract; Refund; Disclosure of Right to Cancel Contract and Amount of Refund; Disclosure of Commissions; Servic... - Sec. 15. (1) All prices or quotations of prices contained...

Section 328.226 - Prepaid Funeral Contract Not in Writing as Voidable; Agreement as to Rate of Interest; Interest Added or Deducted in Advance; Computation of Interest; Financing of Contract. - Sec. 16. (1) A prepaid contract that is not in...

Section 328.227 - Rules Generally. - Sec. 17. The department may promulgate rules pursuant to the...

Section 328.228 - Prohibited Conduct; Rules; Administrative Action. - Sec. 18. (1) Notwithstanding any other law to the contrary,...

Section 328.229 - Irrevocable Prepaid Contract Approved by Family Independence Agency or Department of Community Health; Rules. - Sec. 19. (1) A prepaid contract may be made with...

Section 328.230 - Complaint; Investigation; Examination of Books, Records, Contracts, and Other Documents; Duties of Department on Determination of Reasonable Cause to Believe in Occurrence of Violation; Violation; Hearing; Duties of Department on De... - Sec. 20. (1) Upon complaint made by any person, or...

Section 328.231 - Violations; Penalties. - Sec. 21. A violation of this act by a person...

Section 328.232 - Conversion of Funds as Felony; Violation as Misdemeanor; Penalties. - Sec. 22. (1) A person who converts funds paid pursuant...

Section 328.233 - Noncompliance With Investment and Depositing Requirements; Petition for Appointment of Receiver; Notice; Hearing; Liquidation. - Sec. 23. If the department determines that a registrant has...

Section 328.234 - Action to Force Compliance; Damages; Orders. - Sec. 24. The department or any other person, in order...

Section 328.235 - Effective Date. - Sec. 25. This act shall take effect on July 1,...