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PRIOR PRINTER'S NOS. 1016, 1153, 1314
PRINTER'S NO. 1334
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
874
Session of
2015
INTRODUCED BY McGARRIGLE, TOMLINSON, RAFFERTY, VANCE, PILEGGI
AND SCARNATI, JUNE 4, 2015
AS AMENDED ON THIRD CONSIDERATION, OCTOBER 20, 2015
AN ACT
Amending the act of August 14, 1963 (P.L.1059, No.459), entitled
"An act prohibiting future need sales of cemetery merchandise
and services, funeral merchandise and services, except under
certain conditions; requiring the establishment of and
deposit into a merchandise trust fund of certain amount of
the proceeds of any such sale; providing for the
administration of such trust funds and the payment of money
therefrom; conferring powers and imposing duties on orphans'
courts, and prescribing penalties," further providing for
deposits into merchandise trust funds; providing for price
and description reports; and further providing for funds held
in trust, for payments from merchandise trust funds, for
filing of financial reports and for penalty.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 2 of the act of August 14, 1963
(P.L.1059, No.459), referred to as the Cemetery and Funeral
Merchandise Trust Fund Law, is amended to read:
Section 2. (a) Any person entering into any such contract as
the seller shall deposit into a merchandise trust fund,
established for that purpose with a banking institution in the
Commonwealth authorized to perform trust functions, as trustee
of such fund, seventy per cent of the retail sale price of the
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