27-422 — EXEMPTION FROM TAXATION


                                  TITLE  27
                         CEMETERIES AND CREMATORIUMS
                                  CHAPTER 4
                         ENDOWMENT CARE CEMETERY ACT
    27-422.  EXEMPTION FROM TAXATION. A perpetual or endowed care cemetery
shall be exempt from any and all property taxes on any burial space or spaces,
as herein defined, sold by it for the purpose of interment. The cemetery
authority shall report annually in writing to the assessor of the county in
which the cemetery is located, such burial spaces sold during said year, and
the same shall be removed from the tax rolls, effective from and after the
year in which the space was sold.