Endowment care definition
Endowment care means the general care and maintenance of developed portions of a cemetery and memorials erected thereon financed from the income of a trust fund.
Endowment care means the gen- eral care and maintenance of developed por- tions of a cemetery and memorials erected thereon financed from the income of a trust fund.
Endowment care means the general care and maintenance of developed portions of
More Definitions of Endowment care
Endowment care means the general care and maintenance of developed portions of a cemetery and memorials erected thereon financed from the income of a trust fund established and maintained pursuant to the provisions of ORS 97.810 to 97.865. Endowment care cemeteries owned by a city or a county may supplement their general care and maintenance trust funds from general revenues.
Endowment care means the general care and maintenance of
Endowment care means to keep the sod in repair in all places where interments have been made; to care for trees and shrubs planted by the cemetery; to maintain all roads, curbs, gutters, drains, water lines, entrance ways; and to maintain a file of records pertinent to all interment rights owners and interments. If this contract covers the purchase of interment rights in mausoleum crypts, Seller agrees that the provisions of Sec. 8573 of the Health and Safety Code of California will be complied with and the construction of the unit herein described will be completed by the completion date on the face of this Agreement, and if not so completed, the purchase price of said interment rights will be refunded to Purchaser upon written request by Purchaser therefor. The Purchaser may sell, transfer, or assign the subject interment rights at any time, upon completion of payment and issuance of a Certificate of Interment Rights by Seller, with the written consent of the Cemetery Authority. PURCHASER AGREES AND ACKNOWLEDGES THAT THE RIGHT OF INTERMENT IN THIS INTERMENT SPACE IS SOLD FOR INTERMENT PURPOSES ONLY AND NOT FOR SPECULATION. Purchaser acknowledges that no memorial tablets or anything else may be placed on the interment space except in strict accordance with the rules and regulations of
Endowment care means cutting of the common lawn areas and the general maintenance of the cemetery including building roads, fences, etc.
Endowment care. FUND: (hereinafter referred to as “Perpetual Care Trust and Escrow Agreement”). Seller hereby binds itself to maintain the interment spaces or other interment facilities described herein, and to deposit from payments received hereunder the amounts required by law to a Perpetual Care Trust and Escrow Agreement created for the continual maintenance of all developed cemetery property without further assessment to Purchaser. Such deposit to the Perpetual Care Trust and Escrow Agreement shall be in trust with an established State or National bank or savings and loan association licensed in this State as Trustee and in accordance with the applicable law governing such Perpetual Care Trust and Escrow Agreement, and the net income from the Perpetual Care Trust and Escrow Agreement shall be used solely for the continuing care and maintenance of the developed cemetery and to pay such costs as may be reasonably necessary for the administration of the Perpetual Care Trust and Escrow Agreement .