The financial statement that must be sent with the application for or renewal of a certificate of authority must be current as of what date?
A. The financial statement must be current as of the end of the last fiscal year end of the preneed entity. Otherwise, the financial statement must be current as of the end of the prior calendar year for which application or renewal is being made. In other words, if application for or renewal of the certificate of authority is being made for calendar year 2008, the financial statement must be current as of December 31, 2007.
Related Questions
- Must the financial statement filed with the application for or renewal of the certificate of authority be filed on the forms provided by the Department?
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