Maine § 13 §1304 Sales for speculation or investment

Maine Statutes

§ 13 §1304 — Sales for speculation or investment

Maine § 13 §1304

Title 13CORPORATIONS

Part 2CORPORATIONS WITHOUT CAPITAL

Ch. 83CEMETERY CORPORATIONS

This text of Maine § 13 §1304 (Sales for speculation or investment) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13, § 13 §1304 (2026).

Text

The sale of cemetery lots and plots, or the sale of crypts in a community mausoleum or niches in a columbarium for speculative or financial investment purposes, or the conveyance of any portion of a cemetery already dedicated to burial purposes as security for debt, is prohibited. Every such conveyance, whether made by a person or by a cemetery association, or by a company or association owning and operating a community mausoleum, crematory, natural organic reduction facility or columbarium, or by any holding, development or subsidiary company, is void and of no effect. Whoever makes or attempts to make a sale or conveyance contrary to this section must be punished as provided in section 1035.

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The sale of cemetery lots and plots, or the sale of crypts in a community mausoleum or niches in a columbarium for speculative or financial investment purposes, or the conveyance of any portion of a cemetery already dedicated to burial purposes as security for debt, is prohibited. Every such conveyance, whether made by a person or by a cemetery association, or by a company or association owning and operating a community mausoleum, crematory, natural organic reduction facility or columbarium, or by any holding, development or subsidiary company, is void and of no effect. Whoever makes or attempts to make a sale or conveyance contrary to this section must be punished as provided in section 1035.