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NRS 452.130

Additional deposit required before disposition of plot

[9:138:1953]—(NRS A 1971, 2073)

1. In addition to the requirements of NRS 452.120, any endowment care cemetery hereafter established shall also have deposited in its endowment care fund or maintenance fund the additional sum of $25,000 or have deposited such sum in a maintenance fund as required by NRS 452.120 before disposing or making a sale of any space specified in NRS 452.120.

2. When the endowment care fund or maintenance fund has $75,000 on deposit, the initial $25,000 may be withdrawn.

3. The endowment care fund or maintenance fund once having reached $50,000 shall not be decreased below such amount.

Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.