§35-5-3. Permanent Endowment Funds for Cemetery Associations — How Created
There is hereby authorized the creation of permanent endowment funds for cemetery associations to be known as "permanent endowment funds," the income from which is to be annually spent by such cemetery associations, or their successors, in beautifying and maintaining cemeteries owned or controlled by such associations. The "permanent endowment funds" are to be created […]
§35-5-4. Same — How Invested; Report of Trustee; Disposition of Income
The principal of such permanent endowment fund shall be invested in some safe securities, including government bonds, and corporate bonds that have been rated A or above to be approved by the board of directors of such cemetery association, or its successors, in the name of a trustee appointed as hereinafter provided. Such trustee shall […]
§35-5-5. Permanent Endowment Funds for Cemetery Associations — Trustee Therefor; Appointment; Bond; Compensation; Vacancy
The board of directors of any such cemetery association shall appoint a trustee, who shall be a responsible businessman or some solvent federally insured banking institution, to act as such trustee for a period of two years, or until his or its, successor is appointed. Such trustee shall be known as the trustee of the […]
§35-5-6. Express Trusts for Perpetual Care of Cemeteries or Burial Lots
Express trusts may hereafter be created for the perpetual care, preservation, maintenance, improvement and/or embellishment of any cemetery or burial lot, public or private, and of the appurtenances of any such lot including the erection, repair, preservation and/or removal of mausoleums, tombs, monuments, gravestones, fences, railings, walks, and/or other structure or structures thereon, and the […]
§35-5-7. Requirements for Cemetery Company Contracts
(a) Any cemetery company contract shall: (1) Be written in clear understandable language and printed in easy-to-read type, size and style;
§35-5-8. Abandoned Interment Rights
(a) A cemetery company contract may include a provision whereby interment rights that are not used for a period of seventy-five years or more shall be deemed abandoned if unclaimed and shall revert to the cemetery company if the procedures in subsection (b) are followed. (b) (1) Prior to deeming an owner's interment rights abandoned, […]
§35-5-1. Appointment of New Trustees for Burial Grounds
Where any conveyance, dedication or devise was made of land for burial grounds, to any church, religious sect, society, congregation or denomination, or to any benevolent, fraternal, patriotic, literary, temperance, or charitable society, order, lodge or association, that has dissolved or become extinct in the county and vicinity where such burial grounds are situated, and […]
§35-5-2. Sale of Part of Cemetery; Prohibitions
The trustees of any burial grounds, or any incorporated cemetery association whenever it is deemed advisable by such trustees or association, and is not prohibited by the terms of the conveyance, dedication or devise of such grounds, may sell and convey any part of such burial grounds or land of such association, without restriction as […]