214.290. Minimum endowed care and maintenance fund on election. - Missouri Statutes

Minimum endowed care and maintenance fund on election.

214.290. Any cemetery operator who within ninety days fromthe effective date of sections 214.270 to 214.410 elects tooperate a cemetery which exists on the effective date of sections214.270 to 214.410 as an endowed care cemetery or who representsto the public that perpetual, permanent, endowed, continual,eternal care, care of duration or similar care will be furnishedcemetery property sold, shall before selling or disposing of anyinterment space or lots in said cemetery after the date of suchelection, establish a minimum endowed care and maintenance fundin cash in the amount required by section 214.300 unless anendowed care fund is already in existence to which regulardeposits have been made (whether or not the fund then existingshall be in the minimum amount required under section 214.300).

(L. 1961 p. 538 § 6)