OAR 441-930-0250
Annual Report

Each certified provider is responsible for and shall file an annual report with the director by April 1 of each year on forms provided by the director. The report shall cover the preceding calendar year and shall include:

(1)

The actual value at of all trusted funds at the beginning and end of the calendar year;

(2)

Deposits and withdrawals from trusted funds;

(3)

Income earned and fees paid on trust accounts;

(4)

Withdrawals from principal of the trust account;

(5)

Expenses withdrawn from trust account income for master trustee, accounting, record keeping and administration, depository and investment fees;

(6)

Taxes paid for the benefit of beneficiaries;

(7)

Gains and losses of trusted funds;

(8)

For certified providers who have placed trust funds with a depository, a copy of their most recent audited annual financial statement, including a balance sheet, statement of income or loss, statement of changes in shareholder equity and statement of changes in financial position. All financial statements must be prepared by an independent certified public accountant in accordance with generally accepted accounting principles; and

(9)

An inventory of the details of the merchandise specified in ORS 97.933 (Certification of provider of prearrangement or preconstruction sales) from a certified provider that has sold and delivered funeral merchandise, cemetery merchandise, or a combination,.

Source: Rule 441-930-0250 — Annual Report, https://secure.­sos.­state.­or.­us/oard/view.­action?ruleNumber=441-930-0250.

Last Updated

Jun. 8, 2021

Rule 441-930-0250’s source at or​.us