Section 15Sec./Art. 15

Registration Requirements. The Commission shall set forth the requirements for registration of pre-need plans and shall require the following documents, among others;

(a) Duly accomplished Registration Statements;

(b) Board resolution authorizing the registration of applicants pre-need plans;

(c) Opinion of independent counsel on the legality of the issue;

(d) Audited financial statements;

(e) Viability study with certification, under oath, of pre-need actuary accredited by the Commission;

(f) Copy of the proposed pre-need plan; and

(g) Sample of sales materials.

Such registration statements and sales materials required under this section shall contain the appropriate risk factors as may be determined by the Commission.