menú principal título de página menús destacados contenido pie de página
My Florida CFO

Iniciativas

Manténgase Conectado

Siga al
Departamento de
Servicios Financieros

¡Suscríbase al boletín informativo del Oficial Principal de Finanzas!

Nota de Prensa

Noticias   RSS RSS   Oficina de Prensa   Archivo

License of Ocala Cemetery Company Suspended

2/5/2004

CONTACTO: Nina Banister
(850) 413-2842

OCALA-The Department of Financial Services has ordered an Ocala cemetery company to stop operations after it ignored repeated department warnings regarding a financial deficit.

An Emergency Order was served Wednesday suspending the cemetery license of Lincoln Memorial Gardens, which operates at 3035 N.W. Blitchton Road.

"We will ensure all contracts are honored, that families are assured that their loved ones will be taken care of and that contract holders get all services they are due," said Florida's Chief Financial Officer Tom Gallagher, who oversees the Department of Financial Services.

A department examination and investigation of Lincoln Memorial found that the company had withdrawn the balance of its merchandise trust fund and closed the account, leaving the account with a deficit of more than $13,600. The company failed to follow through on an agreement to restore the deficit and pay a $5,000 fine, and then refused four certified letters.

As an authorized pre-need funeral services provider, Lincoln Memorial is required to deposit specified amounts of the money it receives on pre-need contracts in a trust account approved by the department. The trust funds may not be withdrawn until the pre-need contract is fulfilled or, under certain circumstances, cancelled.

Consumers who may be concerned about contracts they have with Lincoln Memorial can call the department's Consumer Helpline at 1-800-342-2762. Visit www.fldfs.com for more information about pre-need funeral services providers.