Section 23-14-63-3 - Requirements of petitionersThe persons filing a petition under section 2 of this chapter must:
(1) state in the petition that the corporation would have at the time of taking over the cemetery an endowment or perpetual care fund of at least one thousand dollars ($1,000);(2) agree to increase the balance in the fund to an amount sufficient to produce enough interest to keep the cemetery in proper condition; and(3) agree to: (A) keep the cemetery in good order; and(B) honestly and faithfully manage the cemetery.As added by P.L. 52-1997, SEC.37.