Ind. Code § 23-14-65-24

Current through P.L. 171-2024

Section 23-14-65-24 - Placement of bonds or other securities in safety deposit box

To protect bonds or other securities held by a cemetery board, the cemetery board shall place them in a safety deposit box in the vault of a reliable financial institution located in the municipality. One (1) key to the box shall be retained by each of the following:

(1) A member of the cemetery board who is designated by the cemetery board.

(2) The controller or clerk-treasurer of the municipality.

(3) The financial institution.

IC 23-14-65-24

As added by P.L. 52-1997, SEC.39.