HB3775 - CEMETERY SALES-CONTRACTS
Illinois - 103rd General Assembly
Last updated about 1 year ago
0 Co-Sponsors
Amends the Cemetery Oversight Act. Provides that any retail installment contract for the purchase of interment, entombment, or inurnment rights shall contain a clearly worded notice, in 12-point type, bold, underlined, and capital letters, that rights to a deeded interest do not vest until final payment and that upon an uncured default, including when a contract is rolled into a new open-balance retail installment contract, with additional interment, entombment, or inurnment rights or additional cemetery merchandise or services, there will be no deeded interest.
STATUS
Passed
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