Indiana § 23-14-48.5-6 Use of money in fund

Indiana Statutes

§ 23-14-48.5-6 — Use of money in fund

Indiana § 23-14-48.5-6

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 14CEMETERY ASSOCIATIONS

Ch. 48.5Consumer Protection Fund for Cemetery Maintenance

This text of Indiana § 23-14-48.5-6 (Use of money in fund) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 23-14-48.5-6 (2026).

Text

Money in the fund may be used to provide cemetery maintenance when the board finds:

(1)that:

(A)the owner of a cemetery is unable to maintain the cemetery;

(B)money in the perpetual care fund of the cemetery is depleted, subject to a dispute that prevents distribution of the money, or otherwise unavailable for the purposes of the perpetual care fund; and

(C)interested persons are unable to take over the management, care, and general supervision of the cemetery under IC 23-14-48-10; or

(2)that the appreciation and income of the principal of a cemetery's perpetual care fund that are available under IC 23-14-48-2 are not sufficient to meet the cemetery's immediate maintenance needs (as defined in IC 23-14-48-1.5).

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Money in the fund may be used to provide
cemetery maintenance when the board finds:
(1) that:
(A) the owner of a cemetery is unable to maintain the cemetery;
(B) money in the perpetual care fund of the cemetery is
depleted, subject to a dispute that prevents distribution of the
money, or otherwise unavailable for the purposes of the
perpetual care fund; and
(C) interested persons are unable to take over the management,
care, and general supervision of the cemetery under IC 23-14-48-10; or
(2) that the appreciation and income of the principal of a
cemetery's perpetual care fund that are available under IC 23-14-48-2 are not sufficient to meet the cemetery's immediate
maintenance needs (as defined in IC 23-14-48-1.5).