KRS 367.962: Allocation of payments -- Increase of gross sale price prohibited.
Where this section sits in the code
- KRS Chapter 367
(1) Whenever any contract for sale shall be entered into in which items of cemetery
merchandise and rights to interment, inurnment or entombment are included,
without allocation of the gross sale price among the items sold, the application of
payments received under the contract shall be allocated, first to the right to
interment, inurnment or entombment, second to items of cemetery merchandise
relating to memorialization and third, to items relating to the disposition of the
remains of a dead human being, incl uding preneed funeral merchandise and
services, unless some other allocation is clearly provided in the contract.
(2) Any person engaging in a combination sale which involves the sale of any item in
addition to the sale of cemetery merchandise or a combina tion sale which involves
the sale of any item in addition to the sale of rights to interment, inurnment or
entombment shall be prohibited from increasing the gross sales price of those items
which require the lesser trust fund deposit with the purpose of a llocating a lesser
gross sales price to items which require a higher trust fund requirement.
Collected 2026-09-05T20:59:06Z. Source file · JSON