452.705 - Trust fund for endowment care: Minimum sums. - Nevada Statutes

452.705  Trust fund for endowment care: Minimum sums.

      1.  Each trust fund for the endowment care of a cemetery for pets must contain a principal sum of not less than $25,000.

      2.  When the trust fund has not less than $75,000 on deposit, the initial $25,000 may be withdrawn.

      3.  The trust fund once having reached $50,000 may not be decreased below that amount.

      (Added to NRS by 1993, 2754)