Sec. 15. A cemetery board may: (1) make all necessary rules and regulations for the management of the cemetery or cemeteries over which it has control and management; (2) sell lots or parts of lots at prices that the board considers reasonable; and (3) require payment for sales: (A) in cash; or (B) partly in cash and the balance in deferred payments spread over a time the board considers reasonable. As added by P.L.52-1997, SEC.39.