S.D. Codified Laws § 55-12-3

Current through the 2024 Legislative Session

Section 55-12-3 - Operation of perpetual care cemetery-Creation of perpetual care fund required

Any such organization subject to the provisions of this chapter which is organized or commences business in the State of South Dakota after February 28, 1955, and desires to operate as a perpetual care cemetery shall, before selling or disposing of any interment space or lots, establish a minimum perpetual care and maintenance guarantee fund of twenty-five thousand dollars or one hundred dollars per burial space, whichever is less, in cash.

SDCL 55-12-3

SL 1955, ch 97, § 3; SDC Supp 1960, § 11.19A03; SL 1990, ch 389, § 1.