§ 23-14-49-1 Application of chapter; placement of certain proceeds
§ 23-14-49-2 Powers of owner
§ 23-14-49-3 Violation of chapter; Class A misdemeanor
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Terms Used In Indiana Code > Title 23 > Article 14 > Chapter 49 - Cemetery Escrow or Trust Accounts

  • Bequest: Property gifted by will.
  • Devise: To gift property by will.
  • Escrow: Money given to a third party to be held for payment until certain conditions are met.
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5