Section 58-17-19 - Transfer of ownership.

58-17-19. Transfer of ownership.

A.     An endowed care cemetery's registration is not transferable. When any cemetery authority subject to the provisions of the Endowed Care Cemetery Act [58-17-2 NMSA 1978] is transferred, the person acquiring the cemetery shall register with the director as required by Section 58-17-18 NMSA 1978.   

B.     A transfer of ownership cannot take place and no endowed care can be sold until the director has approved the registration required by Subsection A of this section.