8-4-1. Entities subject to chapter — Definitions. (1) An endowment care cemetery in this state, except those owned and operated by churches, religious or established fraternal societies, or incorporated cities, towns, or other political subdivisions of the state, shall comply with the requirements of this chapter. (2) As used in this chapter “endowment care cemetery” […]
8-4-2. Endowment care cemetery trust funds — Deposits in endowment fund — Reports — Penalties for failure to file — Investment of trust fund money — Attestation. (1) An endowment care cemetery shall establish an endowment care trust fund pursuant to Title 75, Chapter 7, Utah Uniform Trust Code. (a) Any newly established endowment care […]
8-4-3. Withdrawals from endowment fund. When the endowment care fund balance reaches $100,000, the cemetery authority may withdraw the initial deposit of $25,000 at the rate of $1,000 for each additional $3,000 added to the fund. Amended by Chapter 167, 2000 General Session
8-4-4. Insufficiency in endowment fund. (1) An endowment care cemetery that maintains a trust fund that is not funded at least in the amount required by this chapter or any state or federal law applicable to the fund at the time of underfunding shall immediately deposit additional money to the endowment care trust fund in […]
