12-1103. Pre-need sale; proceeds; trust requirements.
Except as otherwise provided in the Burial Pre-Need Sale Act, proceeds received by any pre-need seller as partial or complete payment on a pre-need sale shall be deposited with a trustee within sixty days after receipt. The proceeds of the pre-need sale required to be deposited with a trustee shall be deposited either with a trustee under the terms of a master trust agreement or with a trustee in a separate trust account in the name of the pre-need purchaser. In either event, the money so deposited shall be held in trust by the trustee pursuant to the terms of the Burial Pre-Need Sale Act.
Source
Structure Nebraska Revised Statutes
12-101.01 - Trustee; potential conflict of interest; actions required.
12-102 - Portion under joint control of trustees and Department of Health and Human Services.
12-103 - Rules and regulations; revenue; investment; treasurer; bond.
12-104 - Soldiers burial grounds; selection; acquisition; use.
12-105 - Soldiers burial grounds; joint control.
12-201 - Condemnation; conditions; procedure.
12-301 - Endowments authorized.
12-302 - Endowments; exemption from taxation and certain claims.
12-401 - Cemetery board; members; appointment; terms; vacancies.
12-402 - Cemetery fund; disbursement; tax levy; limit; collection; perpetual fund; use authorized.
12-403 - Cemetery board; officers; employees.
12-501 - Formation; trustees; election; notice; clerk; right to establish cemetery limited.
12-503 - Trustees; perpetual succession; general powers; service of process.
12-505 - Lots; resale or reclamation; conditions; notice; requirements.
12-507 - Debts; power to contract; limitations.
12-508 - Lots; receptacles; sale; power to regulate.
12-512.01 - Perpetual care trust fund; trustees; duties.
12-512.02 - Perpetual care trust fund; proceeds; investment.
12-512.03 - Perpetual care trust fund; trustees; qualifications; appointment; bond.
12-512.04 - Perpetual care trust fund; audit; exception; filing; expense.
12-512.05 - Perpetual care and maintenance guarantee fund; establish; amount required.
12-512.06 - Perpetual care trust fund; withdrawal; when authorized; amount.
12-512.07 - Perpetual care trust fund; violations; penalty.
12-512.08 - Perpetual care trust fund; violations; separate offenses; what constitutes.
12-515 - Real estate; acquisition by condemnation; lands subject.
12-516 - Trustees; bond; terms; approval; filing; fee; cost paid by association.
12-517 - Lots; use; exemption from taxation and other claims.
12-518 - Lots; plat; care, improvement, adornment; annual exhibit; powers and duties of association.
12-520 - Grounds; sale on execution; taxation; partition; exemption.
12-521 - Grounds; abandonment; sale; disposition; procedure; petition; contents; requirements.
12-522 - Grounds; abandonment; sale; notice of petition; contents; form.
12-523 - Grounds; abandonment; sale; objections; reply.
12-524 - Grounds; abandonment; sale; time for hearing.
12-525 - Grounds; abandonment; sale; hearing; finding; decree.
12-526 - Grounds; abandonment; sale; confirmation of sale.
12-527 - Grounds; abandonment; sale; costs and expenses.
12-528 - Grounds; abandonment; sale; appeal.
12-529 - Grounds; abandonment; sale; scope and application of law.
12-530 - Transfer of cemetery to city or village; powers and duties; effect.
12-601 - Formation; trustees; election; notice; terms; officers.
12-603 - Powers; rights; laws governing.
12-605 - Lots, receptacles; sale; limitation; exempt from taxation and other claims.
12-606 - Construction; location.
12-613 - Trust fund for perpetual care.
12-614 - Sale of crypts or niches; amount set aside for maintenance.
12-615 - Trustees of perpetual care trust fund; appointment; bond.
12-616 - Trustees of perpetual care trust fund; authority to receive gifts; investment of funds.
12-618 - Violations; cumulative offenses.
12-701 - Abandonment; failure to maintain; presumption; reversion; notice; service.
12-702 - Abandonment; presumption; rebuttal by notice; sale authorized; proceeds; disposition.
12-802 - Notice; contents; how served.
12-804 - Sections, how construed.
12-805 - Abandoned or neglected cemeteries; care and maintenance.
12-806 - Abandoned or neglected cemeteries; care; item in county budget.
12-807 - Abandoned or neglected pioneer cemeteries; preservation.
12-808 - Abandoned or neglected pioneer cemetery, defined.
12-808.01 - Abandoned and neglected pioneer cemeteries; access; when.
12-809 - Abandoned and neglected pioneer cemeteries; maintenance.
12-810 - Abandoned or neglected pioneer cemeteries; mowing; historical and directional markers.
12-812 - Abandoned or neglected pioneer cemetery; county transfer management; conditions.
12-909 - Organization; territory.
12-910 - Petition; filing; contents.
12-911 - County board; examine petition; hearing; notice.
12-912 - Completion of organization; meeting; notice.
12-913 - Board of trustees; officers; election; terms; compensation.
12-914 - Budget; adoption; certification of tax; levy; collection; use.
12-916 - Warrants; amount authorized; rate of interest.
12-917 - Area; addition; withdrawal; procedure.
12-918 - Area withdrawn; outstanding obligations; assessment.
12-919 - Area withdrawn; obligations incurred after withdrawal; not subject to assessment.
12-920 - Powers; duties; liabilities.
12-921 - Organization under unconstitutional law; reorganization; procedure.
12-922 - Dissolution; procedure.
12-923 - Property; acquisition; tax; excess funds.
12-1001 - Power to borrow money; issuance of bonds.
12-1002 - Bonds; term; interest rate; notice of election.
12-1003 - Bond election; petition; percentage of voters required.
12-1004 - Extension of water supply to cemetery.
12-1103 - Pre-need sale; proceeds; trust requirements.
12-1104 - Proceeds of sale; trust requirements; exclusions.
12-1105 - Pre-need seller; records required.
12-1106 - Pre-need purchaser; designate irrevocable funds.
12-1107 - Trustees; acceptance of funds; conditions; powers.
12-1108 - Pre-need seller; license required; application; requirements; fee; renewal; records.
12-1109 - Rules and regulations.
12-1110 - Pre-need seller; report; requirements; fee.
12-1111 - Contracts; requirements; provisions.
12-1112 - Act; when applicable.
12-1113 - Trust funds; distributions; conditions; accumulation.
12-1114 - Pre-need seller; trust funds; retain cost-of-living amount.
12-1115 - Pre-need sales agent; license required; fee; failure to surrender license; penalty.
12-1116 - Licenses; disciplinary actions; grounds; notice; administrative fine.
12-1117 - Licenses; surrender; effect; reinstatement.
12-1118 - Violations; penalty.
12-1119 - Violations; action to enjoin.
12-1120 - Pre-need seller; failure to perform obligations; director; powers.
12-1202 - Legislative findings and declarations.
12-1205 - Person discovering remains or goods; duties; violation; penalty.
12-1206 - Discovery of remains or goods; law enforcement officer; notice.
12-1207 - Discovery of remains or goods; county attorney; duties.
12-1208 - Discovery of remains or goods; society; duties.
12-1209 - Entity possessing or controlling remains or goods on August 25, 1989; duties.
12-1210 - Entity possessing or controlling remains or goods; request for return; duties.
12-1211 - Dispute; resolution; procedure.
12-1212 - Civil action; statute of limitation; recovery; attorney's fees.
12-1401 - Statewide Cemetery Registry; established and maintained.