Wash. Admin. Code § 308-51B-080 - Development plan for unconstructed, undeveloped property
(1) Any cemetery authority selling
undeveloped graves, unconstructed crypts or niches in accordance with chapter
68.46 RCW must make available to the purchaser a statement of the estimated
completion date of the development or construction at the time the
prearrangement contract is signed.
(2) The estimated completion date must also:
(a) Be submitted to the cemetery board
annually with the financial reports required by
RCW
68.46.090.
(b) Be made available to holders of
prearrangement contracts affected by the development or construction in the
offices of the cemetery authority.
(3) A cemetery authority must maintain an
equivalent inventory of constructed crypts, niches and developed graves, equal
to ten percent of the unconstructed crypts, niches and undeveloped graves sold
through prearrangement contracts. The equivalent inventory must be located
within the cemetery or an adjacent cemetery under common ownership.
(4) Trust fund deposits required for the
prearrangement contract sales of undeveloped property, will be in accordance
with
RCW
68.46.030.
Notes
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