79371454.1-2333Virginia Decodedhttps://vacode.org2016Professions And OccupationsProfessions And Occupations Regulated By The Department Of Professional And Occupational Regulation And Boards Within The DepartmentCemetery Operators, Perpetual Care Trust Funds And Preneed Burial ContractsFinancial report and report of independent certified public accountant required for preneed trust accounts1998, cc. 708, 721; 2000, c. 36; 2004, c. 247; 2015, c. 344.http://law.lis.virginia.gov/vacode/54.1-2333/2.2-3800Short title; findings; principles of information practice/2.2-3800/54.1-2325Deposit in preneed trust required upon sale of property or services not to be delivered within 120 days/54.1-2325//54.1-2333/54.1/II/23.1/54.1-2333 The total amount of principal in the preneed trust account;sectionA1A12 The securities in which the preneed trust account is invested;sectionA2A22 The income received from the trust and the source of that income during the preceding fiscal year;sectionA3A32 An affidavit executed by the compliance agent that all provisions of this chapter applicable to the seller relating to preneed trust accounts have been complied with;sectionA4A42 Forty percent of the total receipts required to be deposited in the preneed trust account;sectionA5A52 All expenditures from the preneed trust account; andsectionA6A62 If the trustee is other than a Virginia trust company or trust subsidiary or a federally insured bank or savings institution doing business in the Commonwealth, proof that the required fidelity bond has been secured and that it is in effect.sectionA7A72The cemetery company shall (i) engage an independent certified public accountant to apply agreed-upon procedures as specified by the Board to the total of all receipts subject to § 54.1-2325, in accordance with standards estsectionBB1The information required to be filed hereunder with the Board shall be exempt from the Government Data Collection and Dissemination Practices Act (§ 2.2-3800 et seq.).sectionCC1