{"data":{"id":"us-va/18vac65-30-110","jurisdiction":"us-va","citation":"18VAC65-30-110","heading":"Cancellation or transfer of contract","body":"A. Any person who makes payment under this contract may terminate the agreement at any time prior to the time for which the services or supplies are furnished.\n\nB. If the contract buyer terminates the contract within 30 days of the execution of the contract, the contract buyer shall be refunded all consideration paid or delivered and any interest or income accrued on it.\n\nC. If the contract buyer uses a revocable trust as the funding source and terminates the contract after 30 days of the execution of the contract, the contract buyer shall be refunded:\n\n1. All consideration paid or delivered on nonguaranteed items;\n\n2. At least 90% of all consideration paid for guaranteed items; and\n\n3. All interest or income accrued on it.\n\nD. If the contract buyer uses an irrevocable trust as the funding source, the contract buyer is not able to cancel the trust after 30 days following its execution except in accordance with §§ 64.2-729 and 64.2-730 of the Code of Virginia.\n\nE. The contract buyer shall have the right to change the contract provider and the trustee at any time prior to the furnishing of the services or supplies contracted for under the preneed contract.","path":["Title 18. Professional And Occupational Licensing","Agency 65. Board of Funeral Directors And Embalmers","Chapter 30. Regulations for Preneed Funeral Planning","Part VI. Funding"],"source_url":"https://law.lis.virginia.gov/admincode/title18/agency65/chapter30/section110/","current_through":"2026 Regular Session (effective July 1, 2026)","vintage":"","retrieved_at":"2026-09-14T04:52:41Z","sha256":"ff0f3db45802081a8bf94b9f42609086da7d0c65dee2a869ea95ae130c1bc1e9","source_id":"us-va-vac","stale":false,"prev":"us-va/18vac65-30-100","next":"us-va/18vac65-30-120"},"notice":"GroundRules: Original legal text. Not legal advice."}