Sec. 712.022. OPERATION OF PERPETUAL CARE CEMETERY. A corporation authorized by law to operate a perpetual care cemetery but not doing so may do so if the corporation:
(1) complies with the requirements of this chapter for obtaining a certificate of authority; and
(2) establishes a fund as provided by Section 712.021 in an amount equal to the larger of:
(A) the amount that would have been paid into the fund if the cemetery operated as a perpetual care cemetery from the date of the cemetery's first sale of plots; or
(B) the minimum amount provided by Section 712.004.
Acts 1989, 71st Leg., ch. 678, Sec. 1, eff. Sept. 1, 1989. Amended by Acts 1993, 73rd Leg., ch. 634, Sec. 32, eff. Sept. 1, 1993.
Amended by:
Acts 2011, 82nd Leg., R.S., Ch. 532 (H.B. 2495), Sec. 9, eff. September 1, 2011.
Acts 2011, 82nd Leg., R.S., Ch. 1336 (S.B. 1167), Sec. 9, eff. September 1, 2011.
Structure Texas Statutes
Title 8 - Death and Disposition of the Body
Subtitle C - Cemeteries and Crematories
Chapter 712 - Perpetual Care Cemeteries
Subchapter B. Perpetual Care Trust Fund
Section 712.020. Conflict With Other Law
Section 712.021. Establishment and Purposes of Fund
Section 712.022. Operation of Perpetual Care Cemetery
Section 712.023. Validity of Contributions
Section 712.024. Amendment of Trust Instrument
Section 712.025. Use of Fund Distributions
Section 712.0255. Judicial Modification or Termination of Fund
Section 712.026. Suit by Plot Owners to Maintain Perpetual Care
Section 712.027. Investment of Fund
Section 712.028. Amount of Fund Deposits From Sales
Section 712.029. Accounting for and Depositing Amounts
Section 712.030. Use of Gift for Special Care of Plot in Perpetual Care Cemetery