Representations in connection with sale of interment space as to speculative investment prohibited

SDCL § 55-12-14 — under CEMETERY PERPETUAL CARE FUNDS.

SDCL § 55-12-14

No organization subject to the provisions of this chapter nor any person representing it in a sales capacity shall advertise or represent, in connection with the sale or attempted sale of any interment space, that the same is or will be a desirable speculative investment for resale purposes. Source: SL 1955, ch 97 , § 12; SDC Supp 1960, § 11.19A10.