An annual report of the endowment care fund shall be made to the commissioner by each cemetery authority within 90 days of the close of each calendar year. This report shall include the qualified trustee's name or names, the bond numbers if individual trustees or the name and address of the financial institution in which the fund is maintained, and the affidavit of the cemetery authority affirming compliance with this article. Prior to the sale or transfer of a cemetery, the cemetery authority shall report and document to the commissioner that the endowment care fund is currently funded in accordance with this article.
Structure Code of Alabama
Chapter 17A - Preneed Funeral and Cemetery Act.
Article 4 - Cemetery Merchandise and Services Trust Fund.
Section 27-17A-40 - Applicability of Article.
Section 27-17A-41 - Trust Fund; Trustee; Interests of Purchaser; Seller.
Section 27-17A-43 - Cancellation of Contract; Withdrawal From Trust Fund.
Section 27-17A-44 - Rights of Seller.
Section 27-17A-45 - Endowment Care Fund.
Section 27-17A-46 - Endowment Care Cemeteries.
Section 27-17A-47 - Establishment and Management of Endowment Care Fund.
Section 27-17A-48 - Maintenance of Records.
Section 27-17A-49 - Endowment Care Fund Deposits; Qualification as Endowment Care Cemetery.
Section 27-17A-51 - Propriety of Expenditures; Income Payments to Cemetery Authority.
Section 27-17A-52 - Disclosure of Activities and Statement of Investments.
Section 27-17A-53 - Disposal of Assets or Investments.
Section 27-17A-54 - Annual Report.
Section 27-17A-55 - Construction of Mausoleum, Etc.