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Periodic deposits - 9 Pa. Cons. Stat. § 303Legal Research Home > Pennsylvania Statutes Sponsored Links
§ 303. Periodic deposits.
Every cemetery company shall set aside annually and deposit
into a permanent lot care fund a sum equal to at least 15% of
the gross amount of the funds arising from each of the
following:
(1) The sale of lots in the cemetery of such cemetery
company or a sum equal to at least $1 per square foot of each
lot sold, whichever is greater.
(2) The construction cost of each crypt sold in a
mausoleum of the cemetery company or $50 per crypt, whichever
is greater.
(3) The construction cost of each niche sold in a
columbarium of the cemetery company or $25 per niche,
whichever is greater.
(Dec. 3, 1993, P.L.485, No.71, eff. 60 days)
Cross References. Section 303 is referred to in sections
305, 306 of this title.
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Last modified: November 27, 2007 |