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Code · Nevada · CHAPTER 452 - CEMETERIES

NRS 452.130 Additional deposit required before disposition of plot.

108 words·~1 min read·/nv/chapter-452-cemeteries/452-130

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NRS 452.130 Additional deposit required before disposition of plot.
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 When the endowment care fund or maintenance fund has $75,000 on deposit, the initial $25,000 may be withdrawn.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.
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