N.J. Stat. § 45:7-89
Written statement to purchaser of new arrangements
New Jersey · New Jersey Statutes Title 45 — Professions and Occupations · Status: effective
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- Citation
- N.J. Stat. § 45:7-89, Written statement to purchaser of new arrangements, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1473034
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Full text
8. Where a provider, with the written consent of the purchaser, replaces a funeral trust used to fund a prepaid funeral agreement with a funeral insurance policy or converts an agreement funded by a funeral trust to one which is funded by a funeral insurance policy, the provider shall give to the purchaser a written statement which sets forth the material differences between the original and the new funding arrangements and which discloses the provider's earning of a commission based upon that transaction.