KRS 367.935: Administrative fee.
Where this section sits in the code
- KRS Chapter 367
(1) An agent that guarantees a price for all merchandise and full performance of all
services to be provided pursuant to a preneed burial contract may collect an
administrative fee not to exceed fifteen percent (15%) of the total amount of all
payments to be paid under the contract.
(2) An administrative fee imposed under subsection (1) of this section shall not be
collected:
(a) More than once for each executed preneed burial contract regardless of
whether the contract is transferred to a successor entity; or
(b) If the amount to be paid by the purchaser will be paid in installments, until all
installments have been paid.
Collected 2026-09-05T20:59:06Z. Source file · JSON