Vermont Statutes Title 18 Sec. 5436
Terms Used In Vermont Statutes Title 18 Sec. 5436
- Cemetery: means any plot of ground used or intended to be used for the burial or permanent disposition of the remains of the human dead in a grave, a mausoleum, a columbarium, a vault, or other receptacle. See
- Cemetery association: means any corporation now or hereafter organized that is or shall be authorized by its articles to conduct the business of a cemetery. See
- Deed: The legal instrument used to transfer title in real property from one person to another.
§ 5436. Perpetual care fund
A cemetery association established prior to June 1, 1933 may create a perpetual care fund out of surplus money on hand or that has been given to it by will, deed, or otherwise. A cemetery association established after such date shall create such a perpetual care fund by applying thereto from the initial proceeds received from the sale of lots or spaces for the permanent disposition of human remains a sum that shall be equivalent to and not less than 20 percent of the sale price of each lot or space so sold, and such association may at any time increase the same by the addition of surplus money or property received by it by will, deed, or otherwise. (V.S. 1947, § 4071; 1947, No. 202, § 4072; P.L. § 3903; 1933, No. 49, § 24; amended 2021, No. 169 (Adj. Sess.), § 17, eff. January 1, 2023.)