A trustee may accept and hold money or property transferred to the trustee in trust for the purpose of applying the principal or income of the money or property transferred for a purpose consistent with the purpose of a perpetual care cemetery, including the following:
 1. Improvement or embellishment of any part of the cemetery.

Terms Used In Iowa Code 523I.804

  • following: when used by way of reference to a chapter or other part of a statute mean the next preceding or next following chapter or other part. See Iowa Code 4.1
  • Money: means the same as defined in section 554. See Iowa Code 554E.1
  • property: includes personal and real property. See Iowa Code 4.1
  • Trustee: A person or institution holding and administering property in trust.
 2. Erection, renewal, repair, or preservation of a monument, fence, building, or other structure in the cemetery.
 3. Planting or cultivation of plants in or around the cemetery.
 4. Special care of or embellishment of an interment space, section, or building in the cemetery.
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