{"data":{"id":"us-de/5-del.-c.-3406","jurisdiction":"us-de","citation":"5 Del. C. § 3406","heading":"License to accept preneed contract required; fees.","body":"(a) No person, firm, partnership, association or corporation may, without first securing from the Commissioner a license, accept or hold payments made on preneed burial contracts, except insured institutions as defined in § 3401 of this title. Application for a license shall be in writing, signed by the applicant and duly verified on forms furnished by the Commissioner. Each application shall contain at least the following:\nThe full name and address (both residence and place of business) of the applicant and every member, officer and director thereof if the applicant is a firm, partnership, association or corporation. Any license issued pursuant to the application shall be valid only at the address stated in the application for the applicant or at a new address approved by the Commissioner.\n(b) Upon receipt of the application and payment of a license fee of $25, the Commissioner shall issue a license, unless the Commissioner determines that the applicant has made false statements or representations in the application, or is insolvent, or has conducted or is about to conduct business in a fraudulent manner, or is not duly authorized to transact business in this State.","path":["Title 5. Banking","Other Businesses Under Jurisdiction of State Banking Department","CHAPTER 34. Preneed Funeral Contracts"],"source_url":"https://delcode.delaware.gov/title5/c034/index.html#3406","current_through":"2026-08-10 (85 Del. Laws, c. 421, 424)","vintage":"","retrieved_at":"2026-09-05T23:02:05Z","sha256":"8e8709693e51323b8c2476c3382450cd06380082abc67bb75942040fb4afb360","source_id":"us-de","stale":true,"prev":"us-de/5-del.-c.-3405","next":"us-de/5-del.-c.-3407"},"notice":"GroundRules: Original legal text. Not legal advice."}
