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Preened Recovery Fund Rules Ohio Administrative Code Section: 47141447171401 Purpose There is established a recovery fund which shall be administered by the board. The purpose of the fund is to reimburse
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Funeral homes or individuals planning to offer preneed services to consumers.
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Regulatory bodies overseeing the funeral industry.
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Consumers who want to ensure their preneed funds are protected in case of any problems with the funeral provider.
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Preneed recovery fund rules outline the regulations and requirements for preneed funeral trust funds.
Funeral homes and funeral directors are required to file preneed recovery fund rules.
Preneed recovery fund rules can be filled out by providing detailed information about the preneed funeral trust funds held by the funeral home or funeral director.
The purpose of preneed recovery fund rules is to ensure that funds set aside for preneed funeral services are properly managed and protected for consumers.
Information such as the amount of funds held, the number of contracts in place, and the investment strategy must be reported on preneed recovery fund rules.
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