Indiana Statutes
§ 23-14-70-1 — Power to receive deposit of money; use of interest
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 14 CEMETERY ASSOCIATIONS·Ch. 70 Trusts for Cemetery Associations
(a)The board of commissioners of a county
may receive from or on behalf of a:
(1)cemetery corporation;
(2)church;
(3)association; or
(4)organization;
that has been dissolved or is to be dissolved a deposit of money to be
held in trust under terms that are designated in writing.
(b)Funds may be provided under section 1 of this chapter to the
board of commissioners of:
(1)the county in which the cemetery of the cemetery corporation,
church, association, or organization is located; or
(2)the county adjoining and nearest to the county described in
subdivision (1).
(c)The interest on the funds received under subsection (a) shall be
used to keep in good condition any:
(1)abandoned cemetery;
(2)public incorporated cemetery; or
(3)lots, monuments, mausoleums, vaults, or other burial
st
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Legislative History
As added by P.L.52-1997, SEC.44.
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"