Utah Statutes
§ 58-9-702 — Payments to be held in trust -- Trustee qualifications.
Utah § 58-9-702
JurisdictionUtah
Title 58Occupations and Professions
Ch. 58-9Funeral Services Licensing Act
Part 58-9-7Preneed Funeral Arrangement Requirements
This text of Utah § 58-9-702 (Payments to be held in trust -- Trustee qualifications.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Utah Code Ann. § 58-9-702 (2026).
Text
(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:
(1)(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
(1)(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.
(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.
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Legislative History
Enacted by Chapter 49, 2003 General Session
Nearby Sections
15
§ 58-1-102
Definitions.§ 58-1-105
Employment of staff.§ 58-1-108
Adjudicative proceedings.§ 58-1-109
Presiding officers -- Content of orders -- Recommended orders -- Final orders -- Appeal of orders.§ 58-1-112
Data collection.§ 58-1-301.3
Waiver of licensing fees.Cite This Page — Counsel Stack
Bluebook (online)
Utah § 58-9-702, Counsel Stack Legal Research, https://law.counselstack.com/statute/ut/58-9-702.