Idaho § 54-1135 CANCELLATION OF CONTRACT — REFUND OF TRUST DEPOSITS

Idaho Statutes

§ 54-1135 — CANCELLATION OF CONTRACT — REFUND OF TRUST DEPOSITS

Idaho § 54-1135

Title 54PROFESSIONS, VOCATIONS, AND BUSINESSES

Ch. 11MORTICIANS, FUNERAL DIRECTORS AND EMBALMERS

This text of Idaho § 54-1135 (CANCELLATION OF CONTRACT — REFUND OF TRUST DEPOSITS) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 54-1135 (2026).

Text

A.At any time prior to the death of the beneficiary under a revocable prearrangement sales contract trust, the purchaser may cancel the contract and be entitled to a refund of all payments made, plus accrued interest thereon, less reasonable administrative expenses and taxes incurred in the operation of the trust.

B.Prearrangement sales contracts which are irrevocable pursuant to the terms of such contract shall not be cancellable by the purchaser or by the beneficiary.

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A. At any time prior to the death of the beneficiary under a revocable prearrangement sales contract trust, the purchaser may cancel the contract and be entitled to a refund of all payments made, plus accrued interest thereon, less reasonable administrative expenses and taxes incurred in the operation of the trust.
B. Prearrangement sales contracts which are irrevocable pursuant to the terms of such contract shall not be cancellable by the purchaser or by the beneficiary.