Alabama § 34-13-261 - Trust Fund; Trustee; Interests of Purchaser; Seller.
Full text of Alabama Code of Alabama § 34-13-261 — Trust Fund; Trustee; Interests of Purchaser; Seller., with citation guidance and answers to common questions.
§ 34-13-261. Trust Fund; Trustee; Interests of Purchaser; Seller.
(a) Any person who receives or collects any funds on account of a preneed contract in this state for cemetery services or cemetery merchandise, or both, entered into after May 1, 2002, shall have the obligation to pay over and contribute into a trust fund as hereinafter described, those amounts or proportions of the funds as hereinafter provided.
(b) Whether or not the preneed contract provides for cemetery merchandise or cemetery services, or any combination thereof, the trust fund shall be referred to in this section as the Cemetery Merchandise and Services Trust Fund.
(c) The trustee of the Cemetery Merchandise and Services Trust Fund shall be qualified as such within the definition of the trustee.
(d) The trustee shall take title to the property conveyed to the Cemetery Merchandise and Services Trust Fund subject to this section.
(e) The contract purchaser shall have no interest whatsoever in, or power whatsoever over, the funds deposited in the Cemetery Merchandise and Services Trust Fund.
(f) The party contracting to deliver the cemetery merchandise or cemetery services or cash advances, whether or not a preneed provider, shall be referred to in this section as the “seller.”
(g) The seller shall be the beneficiary of the Cemetery Merchandise and Services Trust Fund.
Source: official Alabama text · Last verified 2026-08-27
Frequently Asked Questions About Alabama § 34-13-261
What does Code of Alabama § 34-13-261 cover?
Section 34-13-261 ("Trust Fund; Trustee; Interests of Purchaser; Seller.") is part of the Code of Alabama, the codified statutory law of Alabama. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alabama § 34-13-261?
A common citation format is "Code of Alabama § 34-13-261" (Alabama). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alabama law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alabama official source linked on this page or consult a licensed Alabama attorney.
How does Alabama § 34-13-261 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alabama can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alabama.