214.300. Nonendowed cemetery may qualify as endowed, when--minimum care and maintenance fund to be established.
Nonendowed cemetery may qualify as endowed, when--minimum care andmaintenance fund to be established.
214.300. Any cemetery operator may, after October 13, 1961,qualify to operate a cemetery which has been operated as anonendowed cemetery for a minimum of two years, as an endowedcare cemetery by
(1) So electing in compliance with section 214.280;
(2) Establishing an endowed care fund in cash of onethousand dollars for each acre in said cemetery with a minimum offive thousand dollars and a maximum of twenty-five thousanddollars;
(3) Filing the report required by section 214.340.
(L. 1961 p. 538 § 12, A.L. 1994 S.B. 496)