T·R
← Search

22 GCA § 55105

Endowment care Fund to be Kept Separate; Commissions

Guam Code AnnotatedTitle 22 — Business Regulation
View official PDF ↗

The endowment care fund shall be kept separate and apart from all other cemetery funds. Separate records and books shall be kept of the endowment care fund. The amount to be deposited in the endowment care fund shall be separately shown on the original purchase agreement and a copy delivered to the purchaser. In the sale of cemetery property, no commission shall be paid a broker or salesman on the amount deposited by the purchaser in the fund.

Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.