452.705 - Trust fund for endowment care: Minimum sums.
452.705 Trust fund for endowment care: Minimum sums.
1. Each trust fund for the endowment care of a cemetery for pets must contain a principal sum of not less than $25,000.
2. When the trust fund has not less than $75,000 on deposit, the initial $25,000 may be withdrawn.
3. The trust fund once having reached $50,000 may not be decreased below that amount.
(Added to NRS by 1993, 2754)