58-9-704. Interest earned on trust funds.
Interest earned on trust funds shall be available for expenditure according to the following priority:
(1) to pay the reasonable trustee expenses of administering the trust within a maximum amount established by rule;
(2) to pay within a maximum amount established by rule under Sectionthe reasonable provider expenses associated with: 58-9-504 the sale of the plan; administering the collection, remittance, and accounting of the amount of payments made into the corpus of the trust; and reporting required with respect to those contracts: that have been sold; and under which the provider is obligated;
(3) to pay the costs of providing any of the following for which the provider is obligated under a specific outstanding preneed funeral arrangement contract: personal property; and services at need; and
(4) to pay the provider available funds left in the individual trust account after: all costs of providing personal property and services for which the provider is obligated under the contract underlying the trust; or the contract is canceled as provided under this chapter; and all amounts payable to the buyer, beneficiary, or any other person have been paid in full.