Tennessee Funeral Service Laws Rules & Regulations (LRR) Practice Exam

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Study for the Tennessee Funeral Service Laws Rules and Regulations Exam. Use flashcards and multiple-choice questions, with hints and explanations for each. Prepare thoroughly for your exam!

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What is the deadline for all contract sellers and trustees to file an annual report with the Commissioner?

  1. February 1st

  2. March 15th

  3. April 30th

  4. January 31st

The correct answer is: March 15th

The correct deadline for all contract sellers and trustees to file an annual report with the Commissioner is March 15th. This date aligns with the regulatory requirements in Tennessee, which requires these parties to provide a comprehensive report detailing their activities for the previous year. Meeting this deadline ensures compliance with state regulations and helps maintain transparency in the financial management of funeral trusts and contracts. Additionally, by adhering to the March 15th deadline, contract sellers and trustees can avoid potential penalties or fines that may arise from late submissions. It's important for those involved in funeral service and related financial operations to keep their filing dates well-organized to uphold their obligations under Tennessee law.