1. Care fund distributions may be used in any manner determined to be in the best interests of the cemetery if authorized by a resolution, bylaw, or other action or instrument establishing the care fund, including but not limited to the general care of memorials, memorialization, and any of the following:

 a. Cutting and trimming lawns, shrubs, and trees at reasonable intervals.
 b. Maintaining drains, water lines, roads, buildings, boundaries, fences, and other structures.
 c. Maintaining machinery, tools, and equipment.
 d. Compensating maintenance employees, paying insurance premiums, and making payments to employees’ pension and benefit plans.
 e. Paying overhead expenses incidental to such purposes.
 f. Paying expenses necessary to maintain ownership, transfer, and interment records of the cemetery.
 g. To purchase equipment to maintain the cemetery.
 h. To purchase backhoes or similar equipment used to open and close interment spaces.
 i. To purchase equipment used to construct a columbarium, mausoleum, or similar structure to create additional interment spaces.

Terms Used In Iowa Code 523I.811

  • Commissioner: means the commissioner of insurance. See Iowa Code 510.1B
  • 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
  • Rule: includes "regulation". See Iowa Code 4.1
 2. The commissioner may, by rule, establish terms and conditions under which a cemetery may withdraw capital gains from the care fund.
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