South Dakota § 55-12-3 Operation of perpetual care cemetery--Creation of perpetual care fund required.

South Dakota Statutes

§ 55-12-3 — Operation of perpetual care cemetery--Creation of perpetual care fund required.

South Dakota·Title 55 FIDUCIARIES AND TRUSTS·Ch. 55-12 CEMETERY PERPETUAL CARE FUNDS

Any such organization subject to the provisions of this chapter which is organized or commences business in the State of South Dakota after February 28, 1955, and desires to operate as a perpetual care cemetery shall, before selling or disposing of any interment space or lots, establish a minimum perpetual care and maintenance guarantee fund of twenty - five thousand dollars or one hundred dollars per burial space, whichever is less, in cash.

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Any such organization subject to the provisions of this chapter which is organized or commences business in the State of South Dakota after February 28, 1955, and desires to operate as a perpetual care cemetery shall, before selling or disposing of any interment space or lots, establish a minimum perpetual care and maintenance guarantee fund of twenty - five thousand dollars or one hundred dollars per burial space, whichever is less, in cash.

South Dakota § 55-12-3 (Operation of perpetual care cemetery--Creation of perpetual care fund required.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.