Indiana Statutes
§ 23-14-51-3 — Loans from perpetual care fund prohibited
Indiana § 23-14-51-3
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 14CEMETERY ASSOCIATIONS
Ch. 51The Investment and Use of Cemetery Funds
This text of Indiana § 23-14-51-3 (Loans from perpetual care fund prohibited) 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 § 23-14-51-3 (2026).
Text
No loans or pledges of money or property shall be made from the perpetual care fund of a cemetery:
(1)to or for the benefit of the owner of the cemetery; or
(2)to any shareholder, officer, director, or employee of the
cemetery.
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Legislative History
As added by P.L.52-1997, SEC.25.
Nearby Sections
15
§ 23-0.5-1-1
Short title§ 23-0.5-1-2
Application§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 23-0.5-1.5-10
"Filed record"§ 23-0.5-1.5-11
"Filing entity"§ 23-0.5-1.5-12
"Foreign"§ 23-0.5-1.5-13
"General partnership"§ 23-0.5-1.5-14
"Governance interest"§ 23-0.5-1.5-15
"Governing person"§ 23-0.5-1.5-16
"Interest"§ 23-0.5-1.5-17
"Interest holder"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 23-14-51-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-14-51-3.