§ 54.1-2334. Inclusion of property and services to be delivered within 120 days
Nothing in this chapter shall be deemed to prohibit the sale within the preneed burial contract of property or services to be delivered within 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 or services not to be delivered or provided within 120 days after receipt of initial payment. If a contract does not so specify, the seller shall deposit forty percent of the total consideration for the entire contract.
(1998, cc. 708, 721.)
Sections: Previous 54.1-2327 54.1-2328 54.1-2329 54.1-2330 54.1-2331 54.1-2332 54.1-2333 54.1-2334 54.1-2335 54.1-2336 54.1-2337 54.1-2338 54.1-2339 54.1-2340 54.1-2341 NextLast modified: April 3, 2009