State government; state funds; display of flags; effective date; emergency.
The bill lowers the perpetual care fund deposit from 20% to 10% of gross sales for cemetery spaces, while keeping minimum dollar thresholds for specific spaces.
The bill lowers the perpetual care fund deposit from 20% to 10% of gross sales for cemetery spaces, while keeping minimum dollar thresholds for specific spaces.
AN ACT to amend and reenact subsection 2 of section 23‑21.1‑03 of the North Dakota Century Code (perpetual care fund)
The bill reduces the minimum share of cemetery sale proceeds that must be deposited into a perpetual care fund. It amends ND Century Code § 23‑21.1‑03(2) to lower the required deposit percentage for various types of interment spaces, while leaving the statutory minimum dollar amounts for some spaces unchanged.
If you want, I can draft a short fiscal or policy memo analyzing likely long‑term funding scenarios for perpetual care funds under a 10% requirement (including sample fund accumulation projections).
Compiled from official sources — confirm details with the bill’s official record.
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