23-14-37-2. Repurchase of burial rights under lot exchange plan

IN Code § 23-14-37-2 (2019) (N/A)
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Sec. 2. A cemetery owner may offer or agree to repurchase burial rights under a lot exchange plan that:

(1) is entered into with other cemetery owners or through an association of cemetery owners; and

(2) provides for the repurchase of burial rights in case the purchaser should change legal residence to another community and purchases burial rights in a cemetery located in the community of the purchaser's new place of residence.

As added by P.L.52-1997, SEC.11.