Iowa Funeral Law Practice Exam 2025 - Free Funeral Law Practice Questions and Study Guide

Question: 1 / 400

For how many years must a funeral home keep records of the General Price List (GPL)?

5 years

10 years

The correct duration for which a funeral home must keep records of the General Price List (GPL) is indeed ten years. This requirement aligns with federal regulations, specifically those outlined in the Funeral Rule by the Federal Trade Commission (FTC). The GPL serves as a crucial document outlining the prices for goods and services offered by the funeral home to consumers. Maintaining records for ten years ensures that the funeral home is compliant with legal standards and can provide necessary documentation if needed for audits or legal inquiries.

Keeping records for this duration helps protect both the consumers and the funeral providers by allowing for transparency and accountability regarding pricing practices. By adhering to this requirement, funeral homes demonstrate responsibility and professionalism in their operations.

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15 years

Indefinitely

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