What action must be taken if information regarding the escrow account is not provided in a timely manner?

If information regarding the escrow account is not provided in a timely manner, the contract can indeed be revoked without fees. This is significant because it upholds consumer protection principles by ensuring that individuals retain the right to withdraw from contracts if essential information is withheld or delayed. In the context of funeral service laws, such provisions are in place to safeguard clients' interests and maintain transparency in financial dealings.

The ability to revoke a contract without penalties in such situations serves as a crucial safeguard for consumers, allowing them to make informed decisions based on complete information. This emphasizes the importance of communication and timely disclosure in the funeral service industry, reflecting the ethical obligations that service providers must uphold. It reinforces the framework established to balance the rights of consumers with the business practices of funeral service providers.