44 chapters · 1,555 sections in this title.
A.R.S. § 32-2194.27 Restrictive use of income from endowed-care fund; obligation
1.7K chars
The irrevocable trust fund established pursuant to section 32-2194.26 shall be evidenced by an instrument in writing and shall contain the following provisions: 1. There shall be designated a trustee for the endowed-care fund that is a financial institution authorized to do busin…
A.R.S. § 32-2194.28 Deposit in endowed-care fund from sales
1.2K chars
A. In addition to establishing a trust fund as required by this article, every perpetual or endowed-care cemetery shall deposit into its trust fund according to the following schedule for each sale within thirty days after the contract for the purchase of cemetery property is pai…
A.R.S. § 32-2194.29 Posting of signs by cemeteries
0.4K chars
Each cemetery shall post in a conspicuous place in the office or offices where sales are conducted and in a conspicuous place at or near the entrance of the cemetery or its administration building, and readily accessible to the public, a legible sign in lettering of a size and st…
A.R.S. § 32-2194.30 Restriction on use of endowed-care funds
0.9K chars
Endowed-care funds shall not be used for any purpose other than to provide for the care of burial spaces as prescribed in section 32-2194.27. In investing these funds, the trustee shall exercise the judgment and care of a prudent investor under the circumstances then prevailing, …