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Section 5c - Cemetery Corporations; Fiduciary Duty Owed to Contributors to Trust Fund

MA Gen L ch 114 § 5c (2019) (N/A)
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Section 5C. The corporation and its officers shall owe a fiduciary duty to a contributor to the trust fund, his heirs and legal representatives to hold and expend the funds strictly consistent with the purposes of section 5. A contributor to the trust fund, his heirs and legal representatives who were required to invest in the trust fund as a condition of purchasing a right of burial shall have all rights and protections of chapter 110A.