Rule 19. Time of Making Deposits to the Trust Fund

19.1. Trust fund deposits due by virtue of collections shall be made within twenty (20) days from the end of each reference month for payments received from plans sold either in cash or installment.   Failure to make the Trust Fund Deposit shall subject the Pre-Need Company to payment of penalty.

19.2.  Should the Commission discover a deficiency in the Trust Fund, it shall give notice of the same to the Pre-Need Company, and require said Company to make additional deposits to the Trust Fund.  The Pre-Need Company shall have thirty (30) days from receipt of notice to make the said deposits and correct the deficiency. Failure to pay the deficiency in spite of notice by the Commission shall subject the Pre-Need Company to payment of penalty.

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