Michigan Statutes

§ 328.220 — Nonguaranteed or guaranteed price contracts; execution.

Michigan § 328.220

JurisdictionMichigan

Ch. 328DEAD HUMAN BODIES

Act 255 of 1986PREPAID FUNERAL AND CEMETERY SALES ACT (328.211-328.235)

This text of Michigan § 328.220 (Nonguaranteed or guaranteed price contracts; execution.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 328.220 (2026).

Text

PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT) Act 255 of 1986 328.220 Nonguaranteed or guaranteed price contracts; execution. Sec.

10.All prepaid contracts provided for under this act shall be either a nonguaranteed price contract or a guaranteed price contract and shall be made and executed pursuant only to this act.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

1986, Act 255, Eff. July 1, 1987 ;-- Am. 2004, Act 21 , Eff. Jan. 1, 2005 Compiler's Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.

Nearby Sections

15

§ 328.201

Agreement providing for final disposition of dead human body; payments to remain intact as fund until death; release of deposit; deposit of funds; prearranged funeral plan account; evidence of death; payment of funds and accumulated interest or dividends; “financial institution” defined.

§ 328.202

Agreement with applicant for or recipient of aid given pursuant to MCL 400.1 et seq.; rules; conversion of prearranged funeral plan account to irrevocable agreement; effect of irrevocable agreement on eligibility; alteration of agreement.

§ 328.203

Violation of act; penalty.

§ 328.204

Applicability of act.

§ 328.211

§ 328.212

Meanings of words and phrases.

§ 328.213

Definitions; B to D.

§ 328.214

Definitions; D to M.

§ 328.215

Definitions; N to U.

§ 328.216

Certificate of registration to sell, provide, or agree to provide merchandise or services pursuant to prepaid contract; application; fee; duration of certificate; contents of application form; renewal of registration; sworn statement or special report; expiration of certificate; reinstatement of registration; grounds for denial of registration; compliance; petition for reconsideration; hearing.

§ 328.217

Deposit of funds with escrow agent; agreement to allow inspection and copying of records.

§ 328.218

Accounts, books, and records; special report; examination; corrective or penal action; examination, review, or audit of books and records; authorization of escrow agents to open records; statement in lieu of special report.

§ 328.219

Notice of purchase or assignment of business operations or prepaid contracts.

§ 328.220

Nonguaranteed or guaranteed price contracts; execution.

§ 328.221

Guaranteed price contract; requirements.

View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)

Michigan § 328.220, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/328/328.220.