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§ 23-14-50-3 — Indiana Law | CourtGPT
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  5. Article 14 - Cemetery Associations/
  6. Chapter 50 - the Nature of Cemetery Funds23-14-50-1. Application of Chapter/
  7. § 23-14-50-3
Indiana Legal Code

§ 23-14-50-3

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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.