The Vermont Statutes Online
The Statutes below include the actions of the 2025 session of the General Assembly.
NOTE: The Vermont Statutes Online is an unofficial copy of the Vermont Statutes Annotated that is provided as a convenience.
Subchapter
001
:
GENERAL PROVISIONS
(Cite as: 18 V.S.A. § 5306)
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§ 5306. Perpetual care funds
An agency engaged in the cemetery business shall have the right to acquire by gift,
devise, or otherwise, land and property of every name and nature and to set aside
surplus funds, to be held in trust as a perpetual care fund, the income thereof to
be used according to the directions of the trust, where such directions are given,
and where no specific directions are given, or, where given, and the purpose is incapable
of performance, or there is a surplus of income after the directions of the trust
have been fully complied with and performed, to use the same for the purpose of building,
repairing, maintaining, adorning, and beautifying buildings or parts thereof, fences,
graves, vaults, mausoleums, monuments, walks, cemetery lots, grounds, drives, or avenues,
as the interests of the lot owners and cemetery shall appear. The duty upon all agencies
organized to establish a perpetual care fund according to the terms set forth in this
chapter is hereby imposed. (Amended 2023, No. 6, § 168, eff. July 1, 2023.)