Printable Format16-328. Same; funds in trust not subject to legal process. All funds held in a cemetery merchandise trust shall not be subject to attachment, garnishment or other legal process, nor be seized, taken, appropriated or applied to pay any debt or liability of the cemetery corporation, buyer or beneficiary, by any legal or equitable process or by operation of law.
History: L. 1982, ch. 96, § 9; L. 2011, ch. 78, § 10; January 1, 2012.
Law Review and Bar Journal References:
“The Effect of Bankruptcy on Divorce Planning,” Brenda J. Bell, Sharon Wright Kellstrom and Anne Burke Miller, 70 J.K.B.A. No. 3, 30 (2001).