Are the OBC PL and CPL required to be retained for consumer records?

Are the OBC PL and CPL required to be retained for consumer records?

• A. Yes, for five years
• B. Only the CPL is retained
• C. They are retained for two years
• D. No

Answer: (D)

The rule is about providing price information to customers, not about long-term retention of those price lists. Under the FTC Funeral Rule, you must disclose prices and have price lists available (like the General Price List, Casket Price List, and Outer Burial Price List) and you must provide the relevant price information to consumers upon request. However, there is no federal requirement that the Outer Burial Container Price List or the Casket Price List be kept as consumer records for a specific retention period. You may retain records for internal purposes if you choose, but the federal rule does not mandate a set retention time for those particular price lists.

The rule is about providing price information to customers, not about long-term retention of those price lists. Under the FTC Funeral Rule, you must disclose prices and have price lists available (like the General Price List, Casket Price List, and Outer Burial Price List) and you must provide the relevant price information to consumers upon request. However, there is no federal requirement that the Outer Burial Container Price List or the Casket Price List be kept as consumer records for a specific retention period. You may retain records for internal purposes if you choose, but the federal rule does not mandate a set retention time for those particular price lists.