68.46.040 - Prearrangement trust funds -- Deposit of funds. - Washington Statutes

Prearrangement trust funds — Deposit of funds.

All prearrangement trust funds shall be deposited in a public depository as defined by RCW 39.58.010, in a state or federally chartered credit union, or in instruments issued or insured by any agency of the federal government. Such accounts shall be designated as the "prearrangement trust fund" by name and the particular cemetery authority for the benefit of the beneficiaries named in any prearrangement contract.

[2005 c 365 § 128; 1987 c 331 § 50; 1973 1st ex.s. c 68 § 4.]