Sec. 2. After June 14, 1939, a cemetery to which IC 23-14-48 applies shall invest and reinvest: (1) all money in the perpetual care fund of the cemetery; and (2) all other assets held in trust by the cemetery; in property or securities that qualify for trust investments under IC 30-4-3-3(c). As added by P.L.52-1997, SEC.25.
Investment and reinvestment of money and assets
Ind. Code § 23-14-51-2, under The Investment and Use of Cemetery Funds.
Ind. Code § 23-14-51-2