Arkansas State Board of Embalmers and
Funeral Directors LRR
-All sales and earnings of the accept as true with fund, along with, but now not confined to,
hobby, dividends, and capital profits
-investment costs, trustee's costs, capital losses, and all sales and profits on coins
accomodation price range - ANS-"Net funding profits"
"Accredited university of funeral service schooling" approach a college permitted by: -
ANS-American Board of Funeral Service Education (ABFSE)
A agreement or settlement for the prepayment and sale in this country of funeral offerings or
funeral merchandise, including caskets, grave vaults, and all other articles of products and
services incidental to funeral offerings, at an agreed-upon price, to be delivered at an
undetermined destiny date depending upon the loss of life of the agreement beneficiary It does
now not consist of a prearrangement - ANS-"Prepaid funeral advantages settlement" or "pay as
you go contract"
A funeral establishment shall contain a casket selection room with an inexpensive quantity of
caskets. However, if the establishment is a part of a multi-unit corporation, most effective ___
establishment within the organization wishes a ramification room if it's far inside reasonable
distance of different establishments. - ANS-1
A license now not renewed through ________________ of any 12 months might be considered
delinquent. - ANS-December 31
A man or woman keeping a valid permit or license issued pursuant to this bankruptcy -
ANS-"Licensee" or "permittee"
a kingdom or national financial institution or savings and loan association on this state, or, in the
reasonable discretion of the Insurance Commissioner upon the phrases and situations that he
may additionally require, a securities brokerage company certified and in proper status with
appropriate nation and federal regulatory government - ANS-"Trustee"
A trust company shall notify the Insurance Commissioner within _____ days of designating
marketers. Also, the believe enterprise must notify Commissioner within ____ days of any next
alternate. - ANS-10 days, 10 days
,After observe to a licensee of pay as you go funeral blessings, the Commissioner may also
droop any allow under this bankruptcy for up to _______ months or revoke or refuse to preserve
any allow underneath this chapter for violations. - ANS-36 months
All contract proceeds accrued beneath contracts for prepaid funeral benefits, which include
finances accrued underneath contracts entered into before __________, shall be deposited with
a trustee within _____ commercial enterprise days of receipt of proceeds. - ANS-June 28, 1985,
20 days
All contract proceeds held in accept as true with pursuant to the provisions of this bankruptcy
and all profits derived therefrom will be exempt from: - ANS-attachment, garnishment,
execution, and claims of creditors, receivers, or trustees in financial disaster.
All contracts for sale of prepaid funeral blessings shall provide that the seller provide to the
client the products and offerings as set forth in the agreement regardless of: - ANS-the price of
the merchadnise or offerings at the date of the beneficiary's loss of life.
All contracts for the sale of prepaid funeral advantages must: (three) - ANS-1. Be in writing
2. Set forth the particular merchandise and services to be supplied via the vendor
3. Consist of Contract Price
All useless human our bodies not buried or otherwise disposed of inside __________ hours
after dying will be embalmed or refrigerated as decided through the _________________. -
ANS-24 hours, State Board of Health
All embalming apprenticeship provisions follow to humans who were enrolled in mortuary
college on through which date? - ANS-January 1, 2000 or individuals who sign up after
All funeral established order licenses expire on____? - ANS-December 31 of each 12 months
All earnings derived via investments of the fund within the State Insurance Department Prepaid
Trust Fund (interest, dividends, and so forth.) shall be ____? - ANS-credited as funding income
to the fund
All income earned on coins accommodation price range shall be come a part of the the _______
of respective accounts. - ANS-primary
All pay as you go contracts shall contain a provision in notably the following form: -
ANS-NOTICE: If this contract is irrevocable and you choose to transfer this contract to a
substitute provider, the whole amount of the contract will no longer be transferred and you could
should pay more to reap one hundred% of the offerings supplied for inside the settlement.
, All operating papers, recorded records, files, and copies of prepaid benefits disclosed to the
commissioner OR State Insurance Department Examiners in the course of exam: (three) -
ANS-1. Shall be dealt with as private
2. Are not concern to subpoena
3. May now not be made public through Commissioner
an association wherein a person for himself or on behalf of some different person, makes
arrangement for funeral and burial offerings prior to the demise of the person, without
consideration and with out an settlement or itemization specifying any particular service or
merchandise, or the cost thereof, via the task or switch, which include the conditions that the
assignor or transferor ma select to impose, of possession to a licensee of an insurance policy or
annuity agreement, or proceeds therof, or through the designation of a licensee as coverage
policy or annuity agreement, or proceeds therof, or by the designation of a licensee as
beneficiary of such a insurance coverage or annuity agreement - ANS-"Prearrangement"
Any natural man or woman particular in a pay as you go funeral benefits agreement upon
whose demise funeral offerings or funeral products, or both, shall be performed, furnished, or
introduced: - ANS-"Contract beneficiary"
Any organization desiring to sell prepaid funeral benefits or in any other case own any interes in
any settlement for prepaid funeral benefits shall gift what? - ANS-Proo of possession of an
status quo which is inside the business of supplying funeral items or services and prof that the
established order is duly authorized and certified to do such enterprise in Arkansas
Any agency with extremely good contracts for prepaid funeral advantages need to make
_____________ to be had for inspection by way of the Commissioner. - ANS-statistics
Any man or woman located guilty of gathering and not depositing moneys with a trustee will be
ordered to: - ANS-pay restitution to persons aggrieved. Restitution shall be ordered further to a
excellent or imprisonment.
Any individual in arrears more than _____ years shall appear earlier than the board at a normal
assembly and pay a delinquency rate decided by way of the guideline of the board to be eligible
for renewal of license. - ANS-3
Any recipient of information all through the course of examination of information by
Commissioners or Insurance Department examiners need to: - ANS-agree in writing to offer
private treatment prior to receiving statistics
Any violation hearing by way of the board have to be pursuant to ___? - ANS-The Arkansas
Administrative Act Procedure
Anyone who tries to create any settlement in violation of Chapter forty-Sale of Prepaid Benefits
OR refuses to permit an inspection of the enterprise's records shall be punished by using:
Funeral Directors LRR
-All sales and earnings of the accept as true with fund, along with, but now not confined to,
hobby, dividends, and capital profits
-investment costs, trustee's costs, capital losses, and all sales and profits on coins
accomodation price range - ANS-"Net funding profits"
"Accredited university of funeral service schooling" approach a college permitted by: -
ANS-American Board of Funeral Service Education (ABFSE)
A agreement or settlement for the prepayment and sale in this country of funeral offerings or
funeral merchandise, including caskets, grave vaults, and all other articles of products and
services incidental to funeral offerings, at an agreed-upon price, to be delivered at an
undetermined destiny date depending upon the loss of life of the agreement beneficiary It does
now not consist of a prearrangement - ANS-"Prepaid funeral advantages settlement" or "pay as
you go contract"
A funeral establishment shall contain a casket selection room with an inexpensive quantity of
caskets. However, if the establishment is a part of a multi-unit corporation, most effective ___
establishment within the organization wishes a ramification room if it's far inside reasonable
distance of different establishments. - ANS-1
A license now not renewed through ________________ of any 12 months might be considered
delinquent. - ANS-December 31
A man or woman keeping a valid permit or license issued pursuant to this bankruptcy -
ANS-"Licensee" or "permittee"
a kingdom or national financial institution or savings and loan association on this state, or, in the
reasonable discretion of the Insurance Commissioner upon the phrases and situations that he
may additionally require, a securities brokerage company certified and in proper status with
appropriate nation and federal regulatory government - ANS-"Trustee"
A trust company shall notify the Insurance Commissioner within _____ days of designating
marketers. Also, the believe enterprise must notify Commissioner within ____ days of any next
alternate. - ANS-10 days, 10 days
,After observe to a licensee of pay as you go funeral blessings, the Commissioner may also
droop any allow under this bankruptcy for up to _______ months or revoke or refuse to preserve
any allow underneath this chapter for violations. - ANS-36 months
All contract proceeds accrued beneath contracts for prepaid funeral benefits, which include
finances accrued underneath contracts entered into before __________, shall be deposited with
a trustee within _____ commercial enterprise days of receipt of proceeds. - ANS-June 28, 1985,
20 days
All contract proceeds held in accept as true with pursuant to the provisions of this bankruptcy
and all profits derived therefrom will be exempt from: - ANS-attachment, garnishment,
execution, and claims of creditors, receivers, or trustees in financial disaster.
All contracts for sale of prepaid funeral blessings shall provide that the seller provide to the
client the products and offerings as set forth in the agreement regardless of: - ANS-the price of
the merchadnise or offerings at the date of the beneficiary's loss of life.
All contracts for the sale of prepaid funeral advantages must: (three) - ANS-1. Be in writing
2. Set forth the particular merchandise and services to be supplied via the vendor
3. Consist of Contract Price
All useless human our bodies not buried or otherwise disposed of inside __________ hours
after dying will be embalmed or refrigerated as decided through the _________________. -
ANS-24 hours, State Board of Health
All embalming apprenticeship provisions follow to humans who were enrolled in mortuary
college on through which date? - ANS-January 1, 2000 or individuals who sign up after
All funeral established order licenses expire on____? - ANS-December 31 of each 12 months
All earnings derived via investments of the fund within the State Insurance Department Prepaid
Trust Fund (interest, dividends, and so forth.) shall be ____? - ANS-credited as funding income
to the fund
All income earned on coins accommodation price range shall be come a part of the the _______
of respective accounts. - ANS-primary
All pay as you go contracts shall contain a provision in notably the following form: -
ANS-NOTICE: If this contract is irrevocable and you choose to transfer this contract to a
substitute provider, the whole amount of the contract will no longer be transferred and you could
should pay more to reap one hundred% of the offerings supplied for inside the settlement.
, All operating papers, recorded records, files, and copies of prepaid benefits disclosed to the
commissioner OR State Insurance Department Examiners in the course of exam: (three) -
ANS-1. Shall be dealt with as private
2. Are not concern to subpoena
3. May now not be made public through Commissioner
an association wherein a person for himself or on behalf of some different person, makes
arrangement for funeral and burial offerings prior to the demise of the person, without
consideration and with out an settlement or itemization specifying any particular service or
merchandise, or the cost thereof, via the task or switch, which include the conditions that the
assignor or transferor ma select to impose, of possession to a licensee of an insurance policy or
annuity agreement, or proceeds therof, or through the designation of a licensee as coverage
policy or annuity agreement, or proceeds therof, or by the designation of a licensee as
beneficiary of such a insurance coverage or annuity agreement - ANS-"Prearrangement"
Any natural man or woman particular in a pay as you go funeral benefits agreement upon
whose demise funeral offerings or funeral products, or both, shall be performed, furnished, or
introduced: - ANS-"Contract beneficiary"
Any organization desiring to sell prepaid funeral benefits or in any other case own any interes in
any settlement for prepaid funeral benefits shall gift what? - ANS-Proo of possession of an
status quo which is inside the business of supplying funeral items or services and prof that the
established order is duly authorized and certified to do such enterprise in Arkansas
Any agency with extremely good contracts for prepaid funeral advantages need to make
_____________ to be had for inspection by way of the Commissioner. - ANS-statistics
Any man or woman located guilty of gathering and not depositing moneys with a trustee will be
ordered to: - ANS-pay restitution to persons aggrieved. Restitution shall be ordered further to a
excellent or imprisonment.
Any individual in arrears more than _____ years shall appear earlier than the board at a normal
assembly and pay a delinquency rate decided by way of the guideline of the board to be eligible
for renewal of license. - ANS-3
Any recipient of information all through the course of examination of information by
Commissioners or Insurance Department examiners need to: - ANS-agree in writing to offer
private treatment prior to receiving statistics
Any violation hearing by way of the board have to be pursuant to ___? - ANS-The Arkansas
Administrative Act Procedure
Anyone who tries to create any settlement in violation of Chapter forty-Sale of Prepaid Benefits
OR refuses to permit an inspection of the enterprise's records shall be punished by using:
