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 of the gross selling price that must be set aside for the perpetual care fund. Specifically, the bill changes the required minimum from twenty percent to ten percent for various types of interment spaces, including adult spaces, children's spaces, mausoleum spaces, inurnment niches in columbariums, and interment spaces in crypt gardens or similar structures.

Additionally, the bill maintains the stipulation that the minimum amounts for certain spaces must still be met, such as a minimum of twenty dollars for each adult space and one hundred dollars for each mausoleum space, while also ensuring that the perpetual care fund for public or community structures contains a minimum of ten percent of the construction costs. The overall intent of the bill is to provide more flexibility for perpetual care cemeteries in managing their funds while still ensuring adequate care for the interment spaces.

Statutes affected:
INTRODUCED: 23-21.1-03
Enrollment: 23-21.1-03