523I.806 Irrevocable trust. 1. A perpetual care cemetery shall establish a care fund as an irrevocable trust to provide for the care of the cemetery, which shall provide for the appointment of a trustee, withperpetual succession. 2. The care fund shall be administered under the jurisdiction of the district court of the county where the cemetery is located. Notwithstanding chapter 633A, annual reportsshall not be required unless specifically required by the district court. Reports shall befiled with the court when necessary to receive approval of appointments of trustees, trustagreements and amendments, changes in fees or expenses, and other matters within thecourt’s jurisdiction. A court having jurisdiction over a care fund shall have full jurisdictionto approve the appointment of trustees, the amount of surety bond required, if any, andinvestment of funds. 2005 Acts, ch 128, §61; 2006 Acts, ch 1030, §65 Sat Dec 23 01:10:11 2023 Iowa Code 2024, Section 523I.806 (18, 0)
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