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If a preneed entity satisfies the Act’s security requirements by placing funds paid pursuant to a preneed contract in trust, must the preneed sales agent be registered pursuant to the Act?

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If a preneed entity satisfies the Act’s security requirements by placing funds paid pursuant to a preneed contract in trust, must the preneed sales agent be registered pursuant to the Act?

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A. Yes. Regardless of the method of funding the preneed contracts, all preneed sales agents must be registered.

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