Relates to disclosure of amounts in trust for the perpetual care of cemetery lots

Summary

The bill requires anyone who holds a trust for the perpetual care of a cemetery lot—such as executors, trustees, or cemetery associations—to report the trust’s balance at least every two years. It also confirms that these trusts are considered charitable, not invalid because of vague beneficiaries or the rule against perpetuities, and sets deadlines for initial and ongoing disclosures. The goal is to improve transparency and oversight of funds meant for cemetery maintenance.

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