In this subchapter: (1b) “Board” means the cemetery board. (1c) “Business day” has the meaning given in s. 421.301 (6). (2) “Cemetery authority” has the meaning given in s. 157.061 (2). (3) “Cemetery services and merchandise” has the meaning given in s. 157.061 (3). (4) “Human remains” has the meaning given in s. 157.061 (8). (4m) “Licensed cemetery authority” means a cemetery authority that is licensed under s. 440.91 (1). (4r) “Licensee” means a person licensed under this subchapter. (5) “Mausoleum” has the meaning given in s. 157.061 (9). (6) “Mausoleum space” has the meaning given in s. 157.061 (10). (6m) “Payment of principal” has the meaning given in s. 157.061 (11r). (7) “Preneed sales contract” has the meaning given in s. 157.061 (12). (8) “Preneed seller” means an individual who sells or solicits the sale of cemetery services and merchandise or an undeveloped space under a preneed sales contract or, if such an individual is employed by or acting as an agent for a cemetery authority or any other person, the cemetery authority or other person. (9) “Preneed trust fund” has the meaning given in s. 157.061 (13). (10) “Public mausoleum” has the meaning given in s. 157.061 (14). (11) “Sale” has the meaning given in s. 157.061 (16). (12) “Undeveloped space” has the meaning given in s. 157.061 (17). (13) “Warehouse” means a place of storage for cemetery merchandise sold under a preneed sales contract. (14) “Wholesale cost ratio” means the actual cost to a preneed seller to supply and deliver cemetery services and merchandise or to construct an undeveloped space divided by the price paid by the purchaser, excluding sales tax, finance or interest charges, administrative fees, and insurance premiums.
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