Monticello Live

According to KATV’s “7 on Your Side”, it appears that members of the Drew County Burial Associaiton will be able to disolve their association, and receive checks for the value of their accounts.

In December the Drew County Burial Association tried to dissolve. Checks totaling over a million dollars were cut to about 250 members, but only 18 checks were cashed before the Arkansas Burial Association stepped in and froze the DCBA’s bank accounts and suspended its top officers.

Last week an Arkansas Attorney General’s opinion concluded that the board lacked the authority to take such drastic action.

In the end…the Arkansas Funeral Directors Board voted to reverse course and restore the member’s access to their money.

Read the full story at KATV’s website.

This entry was posted on Thursday, July 23rd, 2015 at 7:56 am and is filed under Business, Video. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.