W. Va. Code R. § 110-36-12
Inclusion of Property, Goods and Services to be Delivered Within One Hundred Twenty (120) Days
The contract may include the sale of preneed property, goods or services to be delivered within one hundred twenty (120) days after the receipt of the initial payment on account of such sale. Contracts may specify separately the total consideration paid or to be paid for preneed property, goods or services not anticipated to be delivered or provided within one hundred twenty (120) days after receipt of initial payment. If a contract does not specify the preneed property, goods or services not anticipated to be delivered or provided within the one hundred twenty (120) day period, the seller shall deposit forty percent (40%) of the total consideration for the entire contract.
Amendment history
4/28/2026
Source: view the official text
Nearby sections (25 sections)
- 110-35-13 · General Procedure and Administration
- 110-36-1 · General
- 110-36-2 · Definitions
- 110-36-3 · Information Filing; Fees, Compliance Agent
- 110-36-4 · Exemptions
- 110-36-5 · Deposit in Preneed Trust Required; Who May Serve as Trustee
- 110-36-6 · Requirements for Preneed Cemetery Company Contracts
- 110-36-7 · Identification of Funds
- 110-36-8 · Corpus of Trust Account and Income to Remain in Preneed…
- 110-36-9 · Disbursement of Trust Funds Upon Performance of Contract;…
- 110-36-10 · Seller Required to Keep Records
- 110-36-11 · Financial Report and Written Assurance Required
- 110-36-12 · Inclusion of Property, Goods and Services to be Delivered…
- 110-36-13 · Breach of Contract by Seller; Trust to be Single Purpose…
- 110-36-14 · Trustee May Rely on Certifications and Affidavits
- 110-36-15 · Transfer of Trust Funds to Another Trustee
- 110-36-16 · Use of Trustee's Name in Advertisements
- 110-36-17 · Cemetery Property Maintained by Cemetery Company
- 110-36-18 · Waiver of Article Void
- 110-36-19 · Violation a Misdemeanor
- 110-37-1 · General
- 110-37-2 · Definitions
- 110-37-3 · Raffle Operations
- 110-37-4 · Licensing
- 110-37-5 · Annual License