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Initial deposits by existing cemetery companies - 9 Pa. Cons. Stat. § 302

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     § 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.
     (Dec. 3, 1993, P.L.485, No.71, eff. 60 days)

        1993 Amendment.  Act 71 amended subsec. (a).
        Cross References.  Section 302 is referred to in sections
     304, 305, 306 of this title.

Last modified: November 27, 2007