Pennsylvania Act 1993-71 — BURIAL GROUNDS (9 PA.C.S.) - AMEND DEPOSITS BY CEMETERY COMPANIES

Act text

BURIAL GROUNDS (9 PA.C.S.) - AMEND DEPOSITS BY CEMETERY COMPANIES
                  Act of Dec. 3, 1993, P.L. 485, No. 71               Cl. 09
                             Session of 1993

                               No. 1993-71

                                  AN ACT

     SB 1099

     Amending Title 9 (Burial Grounds) of the Pennsylvania
        Consolidated Statutes, further providing for initial deposits
        by existing cemetery companies and for periodic deposits.

        The General Assembly of the Commonwealth of Pennsylvania
     hereby enacts as follows:

        Section 1.  Sections 302(a) and 303 of Title 9 of the
     Pennsylvania Consolidated Statutes are amended to read:
      § 302.  Initial deposits by existing cemetery companies.
        (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 [$25,000] $50,000 as a permanent
     lot care fund.
        * * *
      § 303.  Periodic deposits.
        Every cemetery company shall set aside annually and deposit
     into a permanent lot care fund a sum equal to at least 15% of
     the gross amount of the funds arising from [the] each of the
     following:
            (1)  The sale of lots in the cemetery of such cemetery
        company or a sum equal to at least [40 cents] $1 per square
        foot of each lot sold, whichever is greater.
            (2)  The construction cost of each crypt sold in a
        mausoleum of the cemetery company or $50 per crypt, whichever
        is greater.
            (3)  The construction cost of each niche sold in a
        columbarium of the cemetery company or $25 per niche,
        whichever is greater.
        Section 2.  This act shall take effect in 60 days.

     APPROVED--The 3rd day of December, A. D. 1993.

     MARK L. SINGEL
     ACTING GOVERNOR