Requires trustees or executors to disclose biennially the balance of funds in trust for cemetery care to the cemetery association.

This bill mandates that trustees or executors managing funds for the perpetual care of cemetery lots must disclose the balance of these funds to the relevant cemetery association at least every two years. This requirement applies to all existing trusts established before December 31, 2026, with the first disclosure due by December 31, 2027. The bill also allows cemetery associations to act as trustees for these funds, which are considered charitable and benevolent.

Requires trustees or executors to disclose biennially the balance of funds in trust for cemetery care to the cemetery association.

This bill mandates that trustees or executors managing funds for the perpetual care of cemetery lots must disclose the balance of these funds to the relevant cemetery association at least every two years. This requirement applies to all existing trusts established before December 31, 2026, with the first disclosure due by December 31, 2027. The bill also allows cemetery associations to act as trustees for these funds, which are considered charitable and benevolent.