HB1486 Summary

• Changes penalty for violations of burial association laws from Class A misdemeanor to Class D felony under Arkansas Code § 23-78-104(b)

• Removes requirement that Executive Secretary of Burial Association Board furnish a $10,000 bond and renumbers subsequent subsections in § 23-78-107(a)

• Adds new requirements for burial association certificate of authority applications including application fee and proof of mortuary fund deposit (not to exceed $10,000) under § 23-78-110(b)

• Modifies license fee collection deadline from "January 1" to "January 1 or before February 15" and clarifies semiannual report filing procedures with specific deadlines and delinquency provisions under §§ 23-78-111(a)(2) and 23-78-120

• Streamlines appeal procedures for revocation of certificates by requiring compliance with Arkansas Administrative Procedure Act instead of detailed filing and docket transfer provisions under § 23-78-125