§ 65-64 – Deposits to perpetual care fund.
65-64. Deposits to perpetual care fund. (a) Deposits to the care and maintenance trust fund must be made by the cemetery company holding title to the subject cemetery lands on or before the last day of the calendar month following the calendar month in which final payment is received as provided herein; however the entire […]
§ 65-65 – Trust fund; financial reports.
65-65. Trust fund; financial reports. Within 60 days after the end of the calendar or fiscal year of the cemetery company, the trustee shall furnish adequate financial reports with respect to the care fund on forms provided by the Commission. However, the Commission may require the trustee to make such additional financial reports as it […]
§ 65-66 – Receipts from sale of personal property or services; trust account; penalties.
65-66. Receipts from sale of personal property or services; trust account; penalties. (a) It shall be deemed contrary to public policy if any person or legal entity receives, holds, controls or manages funds or proceeds received from the sale of, or from a contract to sell, personal property or services which may be used in […]
§ 65-67 – Applications for license.
65-67. Applications for license. Applications for renewal license must be submitted on or before July 1 each and every year in the case of an existing cemetery company. Before any sale of cemetery property in the case of a new cemetery company or a change of ownership or control as indicated in G.S. 65-59, an […]
§ 65-68 – License not assignable or transferable.
65-68. License not assignable or transferable. No license issued under G.S. 65-67 shall be transferable or assignable and no licensee shall develop or operate any cemetery authorized by this Article under any name or at any location other than that contained in the application for such license. (1975, c. 768, s. 1.)
§ 65-69 – Minimum acreage; sale or disposition of cemetery lands.
65-69. Minimum acreage; sale or disposition of cemetery lands. (a) Each licensee shall set aside a minimum of 30 acres of land for use by said licensee as a cemetery, and shall not sell, mortgage, lease or encumber the same. (b) The fee simple title, or lesser estate, in any lands owned by licensee and […]
§ 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 […]
§ 65-53 – Powers.
65-53. Powers. In addition to other powers conferred by this Article, the Cemetery Commission shall have the following powers and duties: (1) To employ staff, including legal counsel, as may be necessary to perform its duties and determine the compensation of its employees. (2) To examine a cemetery company’s records when a person applies for […]
§ 65-53.1 – Inspectors.
65-53.1. Inspectors. (a) The Commission may appoint one or more agents who shall serve at the pleasure of the Commission and who shall have the title "Inspector of the North Carolina Cemetery Commission." (b) To determine compliance with the provisions of this Article and regulations promulgated under this Article, inspectors may do the following: (1) […]