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Kentucky · Snapshot 09/05/2026

KRS 367.962: Allocation of payments -- Increase of gross sale price prohibited.

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  1. 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

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