2015 Arkansas Code
Title 20 - Public Health And Welfare
Subtitle 2 - Health And Safety
Chapter 17 - Death and Disposition of the Dead
Subchapter 10 - Cemetery Act for Perpetually Maintained Cemeteries
§ 20-17-1007 - Examination of cemetery.

(a) (1) (A) A cemetery company examined in accordance with § 20-17-1006 shall pay the Arkansas Cemetery Board for the examination:

(i) Sixty dollars ($60) per day for each examiner who conducts the examination; and

(ii) The amount necessary to reimburse the travel, meal, and lodging expenses of each examiner.

(B) In addition, the cemetery company shall pay to the board the amount of expenses and stipends paid by the board to any board member examining the physical condition or appearance of a cemetery when the examination is ordered by the board on its own motion or on request of an interested individual.

(2) An examination shall be conducted by at least one (1) employee of the State Securities Department or board member.

(b) (1) In lieu of any financial examination which the board shall be authorized to make, the board may accept the audit of an independent certified public accountant, provided that the Securities Commissioner has notified the cemetery company that the audit would be accepted and that the cemetery company has notified the commissioner in writing that an audit would be prepared.

(2) The costs of the audit shall be borne by the cemetery company, and the scope of the audit shall be at least equal to the scope of the examination required by the board.