South Dakota Codified Laws
Chapter 11 - Prearranged Funeral Trusts
Section 55-11-14 - Applicability of act to certain contracts.

55-11-14. Applicability of act to certain contracts.
The terms of each prearranged funeral trust contract in effect before July 1, 1986, is subject to chapter 55-11 in effect as it appeared in the 1980 revision and pocket parts of volume 15B of the South Dakota Codified Laws on June 30, 1986. All prearranged funeral trust contracts entered on or after July 1, 1986, are subject to this chapter.

Source: SL 1986, ch 408, §12.

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Structure South Dakota Codified Laws

South Dakota Codified Laws

Title 55 - Fiduciaries and Trusts

Chapter 11 - Prearranged Funeral Trusts

Section 55-11-1 - End-of-life directives--Prearranged funeral contract--Portion of money paid under contract held in trust.

Section 55-11-1.1 - Personal property and professional services to be provided under prearranged funeral trust contract.

Section 55-11-2 - Deposit of trust fund in banking institution or association--Violation as misdemeanor.

Section 55-11-3 - Contract to be in writing--Copies furnished depository and personal representative of contracting party--Clause concerning trust fund required.

Section 55-11-3.1 - Clause required in contract not providing guaranteed price.

Section 55-11-4 - Financial institution receiving money in trust--Acknowledgment on copy of prearranged funeral contract.

Section 55-11-5 - Cancellation of contract creating revocable trust.

Section 55-11-5.1 - Return of payments required on revocation under contract with guaranteed price.

Section 55-11-7 - Solicitation of funeral trust contracts--Annual registration required--Exception--Unauthorized solicitation or sale prohibited--Violation as misdemeanor.

Section 55-11-8 - Information to be submitted upon registration.

Section 55-11-9 - Annual report required--Contents--Filing fee--Confidentiality--Violation as misdemeanor.

Section 55-11-10 - Applicability of § 37-24-5.4.

Section 55-11-11 - Prearranged funeral contract pooled funds trust--Creation--Separate accounts--When consent of purchaser required.

Section 55-11-12 - Death or relocation of beneficiary of irrevocable prearranged funeral trust--Seller's option to provide comparable services or return deposits and interest--Disposition of funds.

Section 55-11-12.1 - Disbursement of funds in irrevocable prearranged funeral trust.

Section 55-11-13 - Prearranged funeral contract not burial insurance.

Section 55-11-14 - Applicability of act to certain contracts.

Section 55-11-15 - Certain persons operating cemeteries exempted from provisions regarding sale of merchandise and services--Maintenance of funds.