Revised Code of Washington - RCW Title 68 Cemeteries, Morgues, And Human Remains - Chapter 68.44 Endowment Care Fund

68.44.010 Funds authorized -- Investments
Any cemetery authority not exempt under chapter 68.40 RCW shall establish, maintain, and operate an inviolable endowment care fund. Endowment care, special care, and other ...

68.44.020 Use and care of funds
Endowment care funds shall not be used for any purpose other than to provide, through income only, for the endowment care stipulated in the instrument ...

68.44.030 Authorized investments
Endowment care funds shall be kept invested in accordance with the provisions of RCW 11.100.020 subject to the following restrictions: (1) No officer or director ...

68.44.060 Unauthorized loans -- Penalty
Every director or officer authorizing or consenting to a loan, and the person who receives a loan, in violation of RCW 68.44.030 are severally guilty ...

68.44.070 Use of contributions to funds
Contributions to endowment care and special care funds are permitted for charitable purposes. Endowment care and such contributions are provisions for the discharge of a ...

68.44.080 Plans for care -- Financing
The cemetery authority may adopt plans for the care, maintenance, and embellishment of its cemetery. A cemetery authority may charge and collect from all purchasers ...

68.44.090 Covenant to care for cemetery
Upon payment of the purchase price and the contribution for endowment care, a deed of conveyance or other instrument may include an agreement to care ...

68.44.100 Agreement by owner to care for plot
Upon the application of an owner of a plot, and upon the payment by the owner of the amount fixed as a reasonable and proportionate ...

68.44.110 Trustees of fund
Unless an association of lot owners has been created for the purpose of appointing trustees, the cemetery authority shall appoint a minimum of three trustees ...

68.44.115 Trustee to file statement with board -- Resignation of trusteeship
To be considered qualified as a trustee, each trustee of an endowment care fund appointed in accordance with this chapter shall file with the board ...

68.44.120 Directors as trustees -- Secretary
The directors of a cemetery authority may be the trustees of its endowment care fund. When the fund is in the care of the directors, ...

68.44.130 Bank or trust company as trustee
In lieu of the appointment of a board of trustees of its endowment care fund, a cemetery authority may appoint, as sole trustee of its ...

68.44.140 Compensation of trustees
Compensation to the board of trustees or trustee for services as trustee and other compensation for administration of trust funds shall not exceed the customary ...

68.44.150 Annual report
The cemetery authority or the trustees in whose names the funds are held shall, annually, and within ninety days after the end of the calendar ...

68.44.160 Contributions
A cemetery authority which has established an endowment care fund may take and hold, as a part of the fund, any property, real, personal, or ...

68.44.170 Use of income from fund
The income from the endowment care fund shall be used solely for the general care, maintenance, and embellishment of the cemetery, and shall be applied ...

68.44.180 Certain cemeteries exempt from chapter
This chapter does not apply to any cemetery controlled and operated by a coroner, county, city, town, or cemetery district.[1987 c 331 § 49.] ...

68.44.900 Effective date -- 1987 c 331
See RCW 68.05.900. ...