Indiana Code 23-14-51-3. Loans from perpetual care fund prohibited
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Sec. 3. No loans or pledges of money or property shall be made from the perpetual care fund of a cemetery:
(2) to any shareholder, officer, director, or employee of the cemetery.
(1) to or for the benefit of the owner of the cemetery; or
Terms Used In Indiana Code 23-14-51-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
As added by P.L.52-1997, SEC.25.