§ 23-14-51-1 Application of chapter
§ 23-14-51-2 Investment and reinvestment of money and assets
§ 23-14-51-3 Loans from perpetual care fund prohibited
§ 23-14-51-4 Fidelity bond
§ 23-14-51-5 Violation of chapter; Class A misdemeanor
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Terms Used In Indiana Code > Title 23 > Article 14 > Chapter 51 - The Investment and Use of Cemetery Funds

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Trust account: A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
  • Trustee: A person or institution holding and administering property in trust.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5