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2006 LAWS OF MARYLAND
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Ch. 348
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TRUST REQUIREMENTS OF THIS SUBTITLE, or a spouse, child, parent, or sibling of a
registrant OR ANY OTHER PERSON SUBJECT TO THE TRUST REQUIREMENTS OF THIS
SUBTITLE;
(iii) on or in any real estate of a cemetery; or
(iv) in any permanent improvements of a cemetery or its facilities.
5-604.
(a) The terms of a trust to provide for perpetual care shall be designated in a
written agreement between the registered cemeterian [or], permit holder, OR ANY
OTHER PERSON SUBJECT TO THE TRUST REQUIREMENTS OF THIS SUBTITLE and
trustee.
5-605.
(a) (1) Each sole proprietor registered cemeterian [or], permit holder, OR
ANY OTHER PERSON subject to the trust requirements of this subtitle shall keep
detailed records of all sales of burial lots or burial rights in a cemetery and money
received.
(2) The records of each sole proprietor registered cemeterian [or],
permit holder, OR ANY OTHER PERSON SUBJECT TO THE TRUST REQUIREMENTS OF
THIS SUBTITLE and of each trustee appointed by the sole proprietor registered
cemeterian [or], permit holder, OR ANY OTHER PERSON SUBJECT TO THE TRUST
REQUIREMENTS OF THIS SUBTITLE are subject to examination by:
(i) the Director;
(ii) the Attorney General or an authorized representative of the
Attorney General; and
(iii) the State's Attorney for the county where the cemetery owner
does business or where the cemetery is located.
(b) (1) Each sole proprietor registered cemeterian [or], permit holder, OR
ANY OTHER PERSON subject to the trust requirements of this subtitle shall submit a
report to the Director within 120 days after the close of each calendar or other fiscal
year chosen by the sole proprietor registered cemeterian [or], permit holder, OR ANY
OTHER PERSON SUBJECT TO THE TRUST REQUIREMENTS OF THIS SUBTITLE.
(2) The report shall:
(i) be on the form that the Director requires;
(ii) be certified as to correctness by a certified public accountant
retained by the cemetery;
(iii) be accompanied by a trustee's summary statement, of assets;
(iv) be accompanied by a fee of $25; and
(v) include:
- 1834 -
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