Michigan Compiled Laws
Act 255 of 1986 - Prepaid Funeral and Cemetery Sales Act (328.211 - 328.235)
Section 328.235 - Effective Date.

Sec. 25.
This act shall take effect on July 1, 1987.
History: 1986, Act 255, Eff. July 1, 1987 Compiler's Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.

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Structure Michigan Compiled Laws

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.

Section 328.212 - Meanings of Words and Phrases.

Section 328.213 - Definitions; B to D.

Section 328.214 - Definitions; D to M.

Section 328.215 - Definitions; N to U.

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...

Section 328.217 - Deposit of Funds With Escrow Agent; Agreement to Allow Inspection and Copying of Records.

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.

Section 328.219 - Notice of Purchase or Assignment of Business Operations or Prepaid Contracts.

Section 328.220 - Nonguaranteed or Guaranteed Price Contracts; Execution.

Section 328.221 - Guaranteed Price Contract; Requirements.

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...

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...

Section 328.224 - Liability for Principal and Income; Investment of Funds; Changing Escrow Agent or Depository.

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...

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.

Section 328.227 - Rules Generally.

Section 328.228 - Prohibited Conduct; Rules; Administrative Action.

Section 328.229 - Irrevocable Prepaid Contract Approved by Family Independence Agency or Department of Community Health; Rules.

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...

Section 328.231 - Violations; Penalties.

Section 328.232 - Conversion of Funds as Felony; Violation as Misdemeanor; Penalties.

Section 328.233 - Noncompliance With Investment and Depositing Requirements; Petition for Appointment of Receiver; Notice; Hearing; Liquidation.

Section 328.234 - Action to Force Compliance; Damages; Orders.

Section 328.235 - Effective Date.