Bill
SB 305
Montana revises funeral trust account laws governing how funeral homes manage consumer prepayments for funeral services, affecting fund protection and accessibility standards.
SB 305 revises Montana's funeral trust account regulations, which are pre-funded arrangements allowing consumers to pay for funeral services in advance. The bill modifies requirements for how funeral homes and trust entities must manage these accounts, including oversight, disbursement procedures, and consumer protections.
Funeral trusts represent significant consumer financial commitments—often thousands of dollars paid years before services are rendered. Changes to trust laws directly affect whether consumers' prepaid funds are properly protected, accessible when needed, and managed transparently by funeral service providers.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
