Section 5C. The corporation and its officers shall owe a fiduciary duty to a contributor to the trust fund, his heirs and legal representatives to hold and expend the funds strictly consistent with the purposes of section 5. A contributor to the trust fund, his heirs and legal representatives who were required to invest in the trust fund as a condition of purchasing a right of burial shall have all rights and protections of chapter 110A.
Section: Previous 2A 3 3A 4 5 5A 5B 5C 6 7 8 9 10 10A 11 NextLast modified: September 11, 2015