SB 226: AN ACT relating to preneed burial contracts.

Summary

Create a new section of KRS 367.934 to 367.974 to allow an agent that guarantees a price for all merchandise and services to be provided under a preneed burial contract to collect an administrative fee not to exceed 15% of the total amount of payments to be paid under the contract; prohibit the administrative fee from being paid more than once; prohibit the administrative fee from being paid until all installments have been paid; amend KRS 367.934 to conform; amend KRS 367.936 to exempt an administrative fee imposed on a fully paid contract from the refund requirements; make technical amendments; direct that the Act applies to contracts entered into on or after the effective date of the Act.

Latest recorded action

No action recorded yet.

Apr 10, 2026

This is the latest action supplied by the source, not the full legislative history.

Track bills like this one

Mandate alerts you when a bill that matters to your organization moves, and explains what it means.