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2018 Indiana Code
TITLE 23. Business and other Associations
ARTICLE 14. CEMETERY ASSOCIATIONS
CHAPTER 48. Cemetery Perpetual Care Fund
23-14-48-2.2. Trustee withdrawals
Universal Citation: IN Code § 23-14-48-2.2 (2018)
IC 23-14-48-2.2 Trustee withdrawals
Sec. 2.2. If the perpetual care fund of a cemetery is established as a trust, the trustee of the trust may, to the extent allowed by section 2 of this chapter, withdraw funds from it in amounts the trustee considers necessary to pay the cost of perpetual care of the cemetery, notwithstanding any provision in the terms of the trust that would restrict withdrawals from the trust for perpetual care of the cemetery to less than the amounts allowed by section 2 of this chapter.
As added by P.L.163-2016, SEC.1.
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