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2009 Iowa Code
Title 13 - Commerce
Subtitle 1 - Insurance and Related Regulation
CHAPTER 523I - IOWA CEMETERY ACT
523I.809 - TRUST AGREEMENT PROVISIONS.

        523I.809  TRUST AGREEMENT PROVISIONS.
         1.  A trust agreement shall provide for the appointment of at
      least one trustee, with perpetual succession, in case the cemetery is
      dissolved or ceases to be responsible for the cemetery's care.
         2.  A cemetery and the trustee or trustees of the care fund may,
      by agreement, amend the instrument that established the fund to
      include any provision that is necessary to comply with the
      requirements of this chapter.
         3.  A cemetery is responsible for the deposit of all moneys
      required to be placed in a care fund.
         4.  The commissioner may require the amending of a trust agreement
      that is not in accord with the provisions of this chapter.
         Section History: Recent Form
         2005 Acts, ch 128, §64

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