Delaware § 3403 - Revocable trust accounts; refund to persons making payments.

Full text of Delaware Delaware Code § 3403 — Revocable trust accounts; refund to persons making payments., with citation guidance and answers to common questions.

§ 3403. Revocable trust accounts; refund to persons making payments.

(a) Except as provided in § 3404 of this title, upon the giving of 15 days’ written notice, any person, partnership or corporation who has paid funds for a preneed funeral service may demand a refund of the entire amount actually paid, together with all interest, dividends, increases or accretions of any kind whatsoever which have been earned on such funds.

(b) The insured institution shall be relieved from further liability, after making payment to the person making payment of said funds, to the trustee upon receipt of the foregoing written notice. Notice of payment of funds under this section shall be given by the insured institution to the trustee.

24 Del. C. 1953, §  3122;  58 Del. Laws, c. 415, §  2;  63 Del. Laws, c. 145, §  1;  68 Del. Laws, c. 389, §§  3, 4;  71 Del. Laws, c. 19, §§  10, 14, 15; 

Source: official Delaware text · Last verified 2026-08-27

Frequently Asked Questions About Delaware § 3403

What does Delaware Code § 3403 cover?

Section 3403 ("Revocable trust accounts; refund to persons making payments.") is part of the Delaware Code, the codified statutory law of Delaware. 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 Delaware § 3403?

A common citation format is "Delaware Code § 3403" (Delaware). 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 Delaware law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Delaware official source linked on this page or consult a licensed Delaware attorney.

How does Delaware § 3403 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Delaware 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 Delaware.