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IC 23-14-50-3 — Trustee's relief from duties

Chapter 50. The Nature of Cemetery Funds

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Section text

Sec. 3. If: (1) any gift, grant, bequest, donation, or other property held by the owner of a cemetery for cemetery purposes is held by the cemetery owner as a trust of any kind; or (2) the owner of a cemetery is a beneficiary of any trust estate for cemetery purposes; the trustee of the trust is relieved of the duties otherwise imposed upon the trustee by IC 30-4-5-12 through IC 30-4-5-15.

As added by P.L.52-1997, SEC.24.

Source: official publisher (2026 edition)

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