{"data":{"id":"us-ut/utah-code-58-9-702","jurisdiction":"us-ut","citation":"Utah Code § 58-9-702","heading":"Payments to be held in trust -- Trustee qualifications.","body":"(1) All money representing payments for the purchase of a preneed funeral arrangement shall be deposited by the provider or sales agent receiving the payment:\n(a) within 10 business days after the day on which the provider or sales agent receives the payment in the form of cash or cash equivalent; or\n(b) within 35 calendar days after the day on which the provider or sales agent receives the payment in the form of a negotiable instrument.\n(2) All money received under Subsection (1) shall be placed in a trust account naming as trustee a Utah financial institution authorized to engage in the trust business under Title 7, Chapter 5, Trust Business.","path":["Title 58 Occupations and Professions","Chapter 58-9 Funeral Services Licensing Act","Part 58-9-7 Preneed Funeral Arrangement Requirements"],"source_url":"https://le.utah.gov/xcode/Title58/Chapter9/58-9-S702.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"9e17bc13c6651cdf2343cc08bd47caafce843236e07292cf48614e1d7704b6aa","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-58-9-701","next":"us-ut/utah-code-58-9-703"},"notice":"GroundRules: Original legal text. Not legal advice."}