Common Contracts
1 similar Endowment Care Cemetery Trust Agreement contracts
ContractEndowment Care Cemetery Trust Agreement • November 14th, 2024 • Alabama
ENDOWMENT CARE CEMETERY TRUST AGREEMENT - BOARD OF TRUSTEES This irrevocable Endowment Care Cemetery Trust Agreement (the “Trust Agreement”) is made and entered into this day of 20 , by and between the “Cemetery Authority” and “Board of Trustees” executing the signature pages. WITNESSETH: WHEREAS, it is a common practice for consumers (“Endowment Care Purchasers”) to contract with cemetery authorities for Endowment Care grave or lawn crypt space, mausoleum crypt or niche, or special care funds prior to the time when death is imminent; WHEREAS, the Cemetery Authority is engaged in the business of selling Endowment Care grave or lawn crypt space, mausoleum crypt or niche, or special care funds under Endowment Care Contracts subject to the provisions of Title 34, Chapter 13 of the Code of Alabama 1975, as amended, and related rules and regulations of the State of Alabama, as amended; WHEREAS, certain amounts received for Endowment Care Contracts are required to be placed in trust pursuant
