65-62. Individual contracts for care and maintenance.
At the time of making a sale or receiving the initial deposit hereunder, the cemetery company shall deliver to the person to whom such sale is made, or who makes such deposit, an instrument in writing which shall specifically state that the net income of the care and maintenance trust fund shall be used solely for the care and maintenance of the cemetery, for reasonable costs of administering such care and maintenance and for reasonable costs of administering the trust fund. (1975, c. 768, s. 1.)
Structure North Carolina General Statutes
North Carolina General Statutes
Article 9 - North Carolina Cemetery Act.
§ 65-49 - The North Carolina Cemetery Commission.
§ 65-50 - Cemetery Commission; members, selection, quorum.
§ 65-52 - Regular and special meetings.
§ 65-54 - Annual budget of Commission; collection of funds.
§ 65-54.1 - Commission records are confidential.
§ 65-55 - License; cemetery company.
§ 65-56 - Existing companies; effect of Article.
§ 65-57 - Licenses for sales organizations, management organizations and brokers.
§ 65-58 - Licenses for persons selling preneed grave space.
§ 65-59 - Application for a change of control; filing fee.
§ 65-60.1 - Trustees; qualifications; examination of records; enforcement.
§ 65-61 - Required trust fund for care and maintenance; remedy of Commission for noncompliance.
§ 65-62 - Individual contracts for care and maintenance.
§ 65-63 - Requirements for perpetual care fund.
§ 65-64 - Deposits to perpetual care fund.
§ 65-65 - Trust fund; financial reports.
§ 65-66 - Receipts from sale of personal property or services; trust account; penalties.
§ 65-67 - Applications for license.
§ 65-68 - License not assignable or transferable.
§ 65-69 - Minimum acreage; sale or disposition of cemetery lands.
§ 65-72 - Burial without regard to race or color.
§ 65-73 - Validation of certain deeds for cemetery lots executed by suspended corporations.