21 NCAC 34D .0102         REFUND OF CONTRACT FEES

The preneed funeral contract fee, paid as required by G.S. 90‑210.67(d), shall be refunded by the Board to the payor only in the event that, because the insurance company refuses to insure the proposed preneed funeral contract beneficiary, the preneed funeral contract does not become binding.

 

History Note:        Authority G.S. 90-210.69(a);

Eff. May 1, 1993;

Pursuant to G.S. 150B-21.3A, rule is necessary without substantive public interest Eff. August 19, 2017.