Nebraska § 12-615 Trustees of perpetual care trust fund; appointment; bond

Nebraska Statutes

§ 12-615 — Trustees of perpetual care trust fund; appointment; bond

Nebraska § 12-615

Ch. 12Cemeteries

This text of Nebraska § 12-615 (Trustees of perpetual care trust fund; appointment; bond) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Neb. Rev. Stat. § 12-615 (2026).

Text

The trustee or trustees of the perpetual care trust fund shall consist of:

(1)At least three disinterested persons, who have been residents of the county in which the mausoleum or columbarium is located for a period of at least one year prior to their appointment; or

(2)A disinterested trust company organized to do business in and located in the State of Nebraska. The trustee or trustees, as the case may be, shall be selected by the officers of the cemetery association. If individual trustees are selected, they shall give a corporate surety bond, in the sum of not less than the total amount of the perpetual care trust fund, conditioned for the safekeeping of such funds.

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The trustee or trustees of the perpetual care trust fund shall consist of:
(1) At least three disinterested persons, who have been residents of the county in which the mausoleum or columbarium is located for a period of at least one year prior to their appointment; or
(2) A disinterested trust company organized to do business in and located in the State of Nebraska. The trustee or trustees, as the case may be, shall be selected by the officers of the cemetery association. If individual trustees are selected, they shall give a corporate surety bond, in the sum of not less than the total amount of the perpetual care trust fund, conditioned for the safekeeping of such funds.