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2011 Code of Virginia
Title 54.1 PROFESSIONS AND OCCUPATIONS.
Chapter 23.1 Cemetery Operators, Perpetual Care Trust Funds and Preneed Burial Contracts (54.1-2310 thru 54.1-2342)
54.1-2322 Use of income from perpetual care trust fund


VA Code § 54.1-2322 (2001 through Reg Session) What's This?

54.1-2322. Use of income from perpetual care trust fund.

The income from the perpetual care trust fund shall be used solely and exclusively for the general care, maintenance, administration and embellishment of the cemetery. Unless prior approval has been obtained from the Board or a court of competent jurisdiction, the principal of the perpetual care trust fund shall only be used for investment purposes.

(1998, cc. 708, 721; 2004, c. 192.)

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