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Va. Code Ann. § 54.1-2320

Additional deposit not required upon subsequent sale of same grave, crypt or niche

Applied in 1 court decision — leading case In re Stonecrest Financial, Inc. (2012)

Most recently applied in In re Stonecrest Financial, Inc. (May 2012)

1998, cc. 708, 721.

If ten percent of the sales price of a grave or above-ground crypt or niche has been deposited in a perpetual care trust fund, no deposit shall be required on subsequent sales of the same grave, crypt or niche.

Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.