Sec. 1. Except as provided in section 2 of this chapter, it is unlawful for a person, as inducement for the purchase of burial rights in a cemetery, to directly or indirectly do the following:

(1) Offer, promise, or agree to resell or repurchase the burial rights.

(2) Pay or offer to pay any sum of money as interest or as a premium for the privilege of reselling or repurchasing the burial rights.

As added by P.L.52-1997, SEC.11.