9 Pa.C.S. § 302
This is the official text of 9 Pa.C.S. § 302, part of Pennsylvania’s Pa.C.S — part of the compiled statutory law of Pennsylvania, published by the state as "Pa.C.S." Browse the sections below, each linked to its official government source.
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Initial deposits by existing cemetery companies.
Official statutory text
(a) General rule.--No cemetery company specified in subsections (b) or (c) of this section shall dispose or make any sale of any lot situated in the cemetery of such cemetery company, without first causing to be deposited with a qualified trustee a sum of not less than $50,000 as a permanent lot care fund.
(b) Unincorporated companies.--The provisions of subsection
(a) of this section shall apply to every unincorporated cemetery company:
(1) which established a cemetery on or after October 2, 1959; or
(2) which extended or enlarged its cemetery or acquired additional lands for such purposes on or after October 2, 1959.
(c) Incorporated companies.--The provisions of subsection
(a) of this section shall apply to:
(1) a corporation not-for-profit incorporated on or after November 18, 1961; or
(2) a corporation for profit incorporated on or after January 19, 1952. (Dec. 3, 1993, P.L.485, No.71, eff. 60 days) 1993 Amendment. Act 71 amended subsec. (a).
Cross References. Section 302 is referred to in sections 304, 305, 306 of this title.
(b) Unincorporated companies.--The provisions of subsection
(a) of this section shall apply to every unincorporated cemetery company:
(1) which established a cemetery on or after October 2, 1959; or
(2) which extended or enlarged its cemetery or acquired additional lands for such purposes on or after October 2, 1959.
(c) Incorporated companies.--The provisions of subsection
(a) of this section shall apply to:
(1) a corporation not-for-profit incorporated on or after November 18, 1961; or
(2) a corporation for profit incorporated on or after January 19, 1952. (Dec. 3, 1993, P.L.485, No.71, eff. 60 days) 1993 Amendment. Act 71 amended subsec. (a).
Cross References. Section 302 is referred to in sections 304, 305, 306 of this title.
Status: in_force · Read it on the official government site
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