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Home » US Law » 2022 South Dakota Codified Laws » Title 55 - Fiduciaries and Trusts » Chapter 12 - Cemetery Perpetual Care Funds » Section 55-12-14 – Representations in connection with sale of interment space as to speculative investment prohibited.

55-12-14. Representations in connection with sale of interment space as to speculative investment prohibited.

No organization subject to the provisions of this chapter nor any person representing it in a sales capacity shall advertise or represent, in connection with the sale or attempted sale of any interment space, that the same is or will be a desirable speculative investment for resale purposes.

Source: SL 1955, ch 97, §12; SDC Supp 1960, §11.19A10.