Arkansas Code
Subchapter 13 - Insolvent Cemetery Grant Fund Act
§ 20-17-1305. Eligibility for grants — Definition

(a)
(1) As used in this section, “eligible organization” means an organization that agrees to provide for the care and improvement of a perpetual care cemetery that is insolvent or in financial distress as determined by the State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services.
(2) “Eligible organization” includes a nonprofit organization which is exempt from taxation under § 501(c)(3) of the Internal Revenue Code.

(b) An eligible organization may be eligible to receive a grant under this subchapter for the care and improvement of a perpetual care cemetery if the perpetual care cemetery:
(1) Has been in court-ordered receivership or conservatorship for at least five (5) years;
(2) Has historic significance to the local community or the State of Arkansas; and
(3) Is insolvent or in financial distress.

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