(a) (1) As used in this section, “eligible organization” means an organization that agrees to provide for the care and improvement of a perpetual care cemetery that is insolvent or in financial distress as determined by the State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services.(2) “Eligible organization” includes a nonprofit organization which is exempt from taxation under § 501(c)(3) of the Internal Revenue Code.
(1) As used in this section, “eligible organization” means an organization that agrees to provide for the care and improvement of a perpetual care cemetery that is insolvent or in financial distress as determined by the State Board of Embalmers, Funeral Directors, Cemeteries, and Burial Services.
(2) “Eligible organization” includes a nonprofit organization which is exempt from taxation under § 501(c)(3) of the Internal Revenue Code.
(b) An eligible organization is eligible to receive a grant under this subchapter for the care and improvement of a perpetual care cemetery if the perpetual care cemetery:(1) Has historical significance to the local community or the State of Arkansas; or(2) Is insolvent or in financial distress.
(1) Has historical significance to the local community or the State of Arkansas; or
(2) Is insolvent or in financial distress.