Amends TCA Title 46.
Tennessee SB0715 amends various provisions related to the regulation of cemeteries, affecting cemetery companies and consumers of interment rights. Key changes include the removal of caps on memorial care and installation fees, the establishment of criteria for declaring interment rights abandoned, and the reclassification of lot owners as interment rights owners. The bill also modifies trust fund deposit requirements and renames the cemetery consumer protection account to the cemetery state administrative account.
Tennessee SB0715 amends various provisions related to the regulation of cemeteries, affecting cemetery companies and consumers of interment rights. Key changes include the removal of caps on memorial care and installation fees, the establishment of criteria for declaring interment rights abandoned, and the reclassification of lot owners as interment rights owners. The bill also modifies trust fund deposit requirements and renames the cemetery consumer protection account to the cemetery state administrative account.
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