The bill amends subsection 2 of section 23-21.1-03 of the North Dakota Century Code, which pertains to the requirements for perpetual care cemeteries. The key changes involve the adjustment of the minimum percentage required to be set aside in the perpetual care fund from "twenty" to "ten" percent for various types of interment spaces. This includes adult spaces, children's spaces, mausoleum spaces, inurnment niches in columbariums, and interment spaces in crypt gardens or similar structures.

Additionally, the bill specifies minimum dollar amounts that must be deposited into the perpetual care fund for each type of interment space, ensuring that these amounts are maintained alongside the percentage of the gross selling price. The adjustments aim to provide more flexibility for organizations operating perpetual care cemeteries while still ensuring adequate funding for the care of these sites.

Statutes affected:
INTRODUCED: 23-21.1-03