4717-14-01. Purpose

Latest version.

There is established a recovery fund which shall be administered by the board. The purpose of the fund is to reimburse the purchasers of preneed funeral contracts who have suffered financial loss as a result of malfeasance, misfeasance, default, failure, or insolvency in connection with the sale of a preneed funeral contract by any licensee under Chapter 4717. of the Revised Code.

Effective: 1/6/2018
Five Year Review (FYR) Dates: 01/06/2022
Promulgated Under: 119.03
Statutory Authority: 4717.04
Rule Amplifies: 4717.41

                    
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