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NY S07490
Bill
Status
6/29/2012
Primary Sponsor
Joseph Robach
Click for details
AI Summary
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Extends the expiration date of sections 3 and 4 of chapter 557 of the laws of 2001 from June 1, 2012 to June 1, 2017
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Requires the Department of Financial Services to conduct a study examining funding mechanisms for pre-arranged funeral services and goods, including life insurance, trust depositing, and other funding methods
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Study must examine practices in a minimum of ten other states and be completed by April 15, 2015
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Results of the study must be delivered to the Governor and Legislature by April 15, 2015
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Act takes effect immediately and is deemed effective retroactively to December 12, 2001
Legislative Description
Relates to pre-need funeral services and provides that the department of financial services will conduct a study of pre-arranged funeral services and goods.
Last Action
SIGNED CHAP.88
6/29/2012