Code of Virginia - Title 54.1 Professions And Occupations - Section 54.1-2322 Use of income from perpetual care trust fund

§ 54.1-2322. Use of income from perpetual care trust fund

The income from the perpetual care trust fund shall be used solely and exclusively for the general care, maintenance, administration and embellishment of the cemetery. Unless prior approval has been obtained from the Board or a court of competent jurisdiction, the principal of the perpetual care trust fund shall only be used for investment purposes.

(1998, cc. 708, 721; 2004, c. 192.)

Sections:  Previous  54.1-2315  54.1-2316  54.1-2317  54.1-2318  54.1-2319  54.1-2320  54.1-2321  54.1-2322  54.1-2323  54.1-2324  54.1-2325  54.1-2326  54.1-2327  54.1-2328  54.1-2329  Next

Last modified: April 3, 2009