§ 65-93 – Funds to be kept perpetually.
65-93. Funds to be kept perpetually. All money placed in the office of the superior court clerk in accordance with this Part shall be held perpetually, or until such time as the balance of the trust corpus falls below one hundred dollars ($100.00), at which time the trust shall terminate, and the clerk shall disburse […]
§ 65-94 – Investment of funds.
65-94. Investment of funds. Money placed in the office of the superior court clerk in accordance with this Part shall be invested in the same manner as is provided by law for the investment of other trust funds by the clerk of the superior court. (1917, c. 155, s. 3; C.S., s. 5027; 1943, c. […]
§ 65-70 – Construction of mausoleums and belowground crypts; trust fund for receipts from sale of preconstruction crypts; compliance requirements.
65-70. Construction of mausoleums and belowground crypts; trust fund for receipts from sale of preconstruction crypts; compliance requirements. (a) A cemetery company shall be required to start construction of that section of a mausoleum or bank of belowground crypts in which sales, contracts for sale, reservations for sales or agreements for sales are being made, […]
§ 65-71 – Penalties.
65-71. Penalties. (a) Except as provided in this subsection, a person violating any provisions of this Article is guilty of a Class 1 misdemeanor. Each failure to deposit funds in a trust fund in accordance with this Article is a separate offense. A person that has failed to deposit funds in a trust fund in […]
§ 65-72 – Burial without regard to race or color.
65-72. Burial without regard to race or color. (a) It shall be the public policy of the State that all cemetery companies or other legal entities conducting or maintaining public or private cemeteries shall sell to all applicants and bury all deceased human beings on equal terms without regard to race or color. Anything contrary […]
§ 65-73 – Validation of certain deeds for cemetery lots executed by suspended corporations.
65-73. Validation of certain deeds for cemetery lots executed by suspended corporations. Any deed for a cemetery lot or lots which was executed prior to January 1, 1979, and which would have been valid if the charter of the grantor corporation had not been suspended at the time the deed was executed, is hereby validated. […]
§ 65-77 – Minimum burial depth.
65-77. Minimum burial depth. When final disposition of a human body entails interment, the top of the uppermost part of the burial vault or other encasement shall be a minimum of 18 inches below the ground surface. This section does not apply to: (1) Burials where no part of the burial vault or other encasement […]
§ 65-85 – Definitions.
65-85. Definitions. As used in this Article, the following terms mean: (1) Abandoned. – Ceased from maintenance or use by the person with legal right to the real property with the intent of not again maintaining the real property in the foreseeable future. (2) Cemetery. – A tract of land used for burial of multiple […]
§ 65-60.1 – Trustees; qualifications; examination of records; enforcement.
65-60.1. Trustees; qualifications; examination of records; enforcement. (a) The term "corporate trustee" as used in this Article shall mean a bank, credit union, or trust company authorized to do business in North Carolina under the supervision of the Commissioner of Banks, Credit Union Administrator, or any other corporate entity; provided that any corporate entity other […]
§ 65-61 – Required trust fund for care and maintenance; remedy of Commission for noncompliance.
65-61. Required trust fund for care and maintenance; remedy of Commission for noncompliance. No cemetery company shall be permitted to establish, or operate if already established, a cemetery unless provision is made for the future care and maintenance of such cemetery by establishing a trust fund and designating a corporate trustee to administer said fund […]