Investment and Reinvestment of Money and Assets

  1. Law
  2. Indiana Code
  3. Business and Other Associations
  4. Cemetery Associations
  5. The Investment and Use of Cemetery Funds
  6. Investment and Reinvestment of Money and Assets

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Sec. 2. After June 14, 1939, a cemetery to which IC 23-14-48 applies shall invest and reinvest:

(1) all money in the perpetual care fund of the cemetery; and

(2) all other assets held in trust by the cemetery;

in property or securities that qualify for trust investments under IC 30-4-3-3(c).

As added by P.L.52-1997, SEC.25.


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