House Journal: Page 1324: Monday, April 23, 2001
45 limited to:
46 a. Rent of real or personal property, including
47 sums received for cancellation or renewal of a lease
48 and any royalties.
49 b. Interest on money lent, including sums received
50 as consideration for prepayment of principal.
Page 4
1 c. Cash dividends paid on corporate stock.
2 d. Interest paid on deposit funds or debt
3 obligations.
4 e. Gain realized from the sale of trust assets.
5 18. "Next of kin" means the surviving spouse and
6 heirs at law of the deceased.
7 19. "Nonguaranteed" means that the price of the
8 merchandise and services selected has not been fixed
9 or guaranteed and will be determined by existing
10 prices at the time the merchandise and services are
11 delivered or provided.
12 20. "Outer burial container" means a container
13 used for the burial of human remains that is used
14 exclusively to surround or enclose an inner burial
15 container and to support the earth above the
16 container, commonly known as a burial vault, urn
17 vault, grave box, or grave liner, but not including a
18 lawn crypt.
19 21. "Parent company" means a corporation that has
20 a controlling interest in an establishment.
21 22. "Person" means an individual, business,
22 corporation, trust, firm, partnership, association, or
23 any other legal entity.
24 23. "Personal representative" means a personal
25 representative as defined in section 633.3.
26 24. "Provider" means a person that provides
27 funeral services, funeral merchandise, or cemetery
28 merchandise purchased in a purchase agreement.
29 25. "Purchase agreement" means an agreement to
30 furnish cemetery merchandise, funeral merchandise,
31 funeral services, or a combination thereof when
32 performance or delivery may be more than one hundred
33 twenty days following the initial payment on the
34 account.
35 26. "Purchase price" means the negotiated price
36 for the item of merchandise or service, if itemized in
37 the purchase agreement, or the price of the item
38 listed in the seller's general price list at the time
39 the purchase agreement is signed.
40 27. "Purchaser" means a person who purchases
41 cemetery merchandise, funeral merchandise, funeral
42 services, or a combination thereof. The purchaser
43 need not be a beneficiary of the agreement.
© 2001 Cornell College and
League of Women Voters of Iowa
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