Louisiana Revised Statutes 8:463 – Powers, duties, and records concerning examination of funds
Terms Used In Louisiana Revised Statutes 8:463
- Board: means the Louisiana Cemetery Board. See Louisiana Revised Statutes 8:1
- care funds: includes both general and special care funds. See Louisiana Revised Statutes 8:1
- Cemetery: means a place used or intended to be used for the interment of the human dead and, to the extent allowed in accordance with this Title, pet remains. See Louisiana Revised Statutes 8:1
- Cemetery authority: means any person, firm, corporation, limited liability company, trustee, partnership, association, or municipality owning, operating, controlling, or managing a cemetery or holding lands within this state for interment purposes. See Louisiana Revised Statutes 8:1
- Interment: means the disposition of human remains by inurnment, scattering, entombment, or burial in a place used or intended to be used, and dedicated, for cemetery purposes. See Louisiana Revised Statutes 8:1
- Trustee: A person or institution holding and administering property in trust.
- Trustee: means the separate legal entity designated as trustee of a cemetery care fund. See Louisiana Revised Statutes 8:1
In making such examination, the board shall:
(1) Have reasonable access to the books and records relating to the endowment or perpetual care funds, their collection and investment, and the number of interment spaces under endowment or perpetual care. Such books and records shall be made available for examination in the principal office of the cemetery authority or trustee located within the state of Louisiana. Any request for access to books and records which the trustee or cemetery authority objects to as being unreasonable, irrelevant, arbitrary, or capricious shall be produced only after the objections are ruled upon by the board after notice and hearing.
(2) Inspect and examine the endowment or perpetual care funds to determine their condition and the existence of the investments.
(3) Ascertain if the cemetery authority has complied with all laws applicable to endowment or perpetual care funds.
Acts 1974, No. 417, §1; Acts 1997, No. 921, §1; Acts 2023, No. 381, §1.