Ind. Code § 23-14-51-3

Current through P.L. 171-2024

Section 23-14-51-3 - Loans from perpetual care fund prohibited

No loans or pledges of money or property shall be made from the perpetual care fund of a cemetery:

(1) to or for the benefit of the owner of the cemetery; or

(2) to any shareholder, officer, director, or employee of the cemetery.

IC 23-14-51-3

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