Section 55-12-12 - Nonperpetual care cemetery becoming a perpetual care cemetery--Creation and maintenance of perpetual care fund

55-12-12. Nonperpetual care cemetery becoming a perpetual care cemetery--Creation and maintenance of perpetual care fund.Any nonperpetual care cemetery may become a perpetual care cemetery by placing in the perpetual care trust fund twenty-five thousand dollars, five thousand dollars per acre of all property sold or one hundred dollars per burial space, whichever is less, and shall comply with the requirement for a perpetual care cemetery as provided in §55-12-4. Source: SL 1955, ch 97, §6; SDC Supp 1960, §11.19A06; SL 1990, ch 389, §3.