Pennsylvania § 301 Initial deposits by newly-organized cemetery companies

Pennsylvania Statutes

§ 301 — Initial deposits by newly-organized cemetery companies

Pennsylvania·Title 9 BURIAL GROUNDS·Ch. 3 REGULATION OF CEMETERY COMPANIES

(a)General rule.--No cemetery company shall establish a cemetery, or dispose or make sale of any lot therein, without first causing to be deposited with a qualified trustee a sum of not less than $25,000 as a permanent lot care fund.

(b)Exceptions.--The provisions of subsection (a) of this section shall not apply to any of the following:

(1)A bona fide church or religious congregation.

(2)An association created by a bona fide church or religious congregation.

(3)A municipality.

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(a) General rule.--No cemetery company shall establish a cemetery, or dispose or make sale of any lot therein, without first causing to be deposited with a qualified trustee a sum of not less than $25,000 as a permanent lot care fund.

(b) Exceptions.--The provisions of subsection (a) of this section shall not apply to any of the following:

(1) A bona fide church or religious congregation.

(2) An association created by a bona fide church or religious congregation.

(3) A municipality.

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Legislative History

(June 28, 2024, P.L.430, No.34, eff. 60 days) 2024 Amendment.Act 34 amended subsec. (b). Cross References.Section 301 is referred to in sections 304, 305, 306 of this title.