Indiana § 23-14-52-2 Liability and duties of purchaser

Indiana Statutes

§ 23-14-52-2 — Liability and duties of purchaser

Indiana § 23-14-52-2

Title 23BUSINESS AND OTHER ASSOCIATIONS

Art. 14CEMETERY ASSOCIATIONS

Ch. 52Conditions Applying to the Sale of a Cemetery

This text of Indiana § 23-14-52-2 (Liability and duties of purchaser) 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 § 23-14-52-2 (2026).

Text

The following conditions apply to a sale referred to in section 1(a) of this chapter:

(1)The purchaser is liable for any shortages existing before or after the sale in the perpetual care fund required by IC 23-14-48 or in an escrow fund or trust account required by IC 23-14-49-1.

(2)The purchaser shall perform:

(A)all obligations imposed on cemetery owners under this article;

(B)all obligations imposed on the cemetery owner under contracts made by the selling cemetery owner or any prior cemetery owner relating to:

(i)burial or interment rights; or

(ii)the sale of the personal property or services described in IC 23-14-49-1; and

(C)any other related obligation.

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The following conditions apply to a sale
referred to in section 1(a) of this chapter:
(1) The purchaser is liable for any shortages existing before or
after the sale in the perpetual care fund required by IC 23-14-48
or in an escrow fund or trust account required by IC 23-14-49-1.
(2) The purchaser shall perform:
(A) all obligations imposed on cemetery owners under this
article;
(B) all obligations imposed on the cemetery owner under
contracts made by the selling cemetery owner or any prior
cemetery owner relating to:
(i) burial or interment rights; or
(ii) the sale of the personal property or services described in
IC 23-14-49-1; and
(C) any other related obligation.