Neb. Rev. Stat. § 12-1106
This is the official text of Neb. Rev. Stat. § 12-1106, part of Nebraska’s Rev. Stat — part of the compiled statutory law of Nebraska, published by the state as "Rev. Stat." Browse the sections below, each linked to its official government source.
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View Statute 12-1106
Official statutory text
At the written request of the pre-need purchaser, the first four thousand dollars, increased annually as provided in this section, paid by the pre-need purchaser which is placed in trust by the pre-need seller may be designated as irrevocable in accordance with the rules and regulations of the Department of Health and Human Services. The Department of Health and Human Services shall increase such amount annually on September 1 beginning with the year 2006 by the percentage change in the Consumer Price Index for All Urban Consumers published by the Federal Bureau of Labor Statistics at the close of the twelve-month period ending on August 31 of such year. Upon default or cancellation any trust funds designated as irrevocable shall be governed by section 12-1113 .
Laws 1986, LB 643, § 6;
Laws 1996, LB 1044, § 52;
Laws 2006, LB 85, § 1.
Laws 1986, LB 643, § 6;
Laws 1996, LB 1044, § 52;
Laws 2006, LB 85, § 1.
Status: in_force · Read it on the official government site
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