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§ 302. Initial deposits by existing cemetery companies

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 9 Pa.C.S.A. Burial Grounds

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 9 Pa.C.S.A. Burial Grounds (Refs & Annos)
Chapter 3. Regulation of Cemetery Companies
9 Pa.C.S.A. § 302
§ 302. Initial deposits by existing cemetery companies
(a) General rule.--No cemetery company specified in subsections (b) or (c) of this section shall dispose or make any sale of any lot situated in the cemetery of such cemetery company, without first causing to be deposited with a qualified trustee a sum of not less than $50,000 as a permanent lot care fund.
(b) Unincorporated companies.--The provisions of subsection (a) of this section shall apply to every unincorporated cemetery company:
(1) which established a cemetery on or after October 2, 1959; or
(2) which extended or enlarged its cemetery or acquired additional lands for such purposes on or after October 2, 1959.
(c) Incorporated companies.--The provisions of subsection (a) of this section shall apply to:
(1) a corporation not-for-profit incorporated on or after November 18, 1961; or
(2) a corporation for profit incorporated on or after January 19, 1952.

Credits

1972, Nov. 15, P.L. 1063, No. 271, § 302, effective in 90 days. Amended 1993, Dec. 3, P.L. 485, No. 71, § 1, effective in 60 days.
9 Pa.C.S.A. § 302, PA ST 9 Pa.C.S.A. § 302
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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