12-512.01 Perpetual care trust fund; trustees; duties.
12-512.01. Perpetual care trust fund; trustees; duties.Every association organized after September 14, 1953, under the provisions of Chapter 12, article 5, shall provide for and select trustees, other than officers or members of the association, who shall be selected, as provided for in section 12-512.03, to invest, safeguard, and look after certain funds of the association, including the sums provided for by section 12-512.02 and any other money acquired for the purposes of such fund, in a perpetual care trust fund, the income therefrom to be used for the perpetual care of the cemetery by the association. SourceLaws 1953, c. 20, § 1, p. 89.