Missouri Revised Statutes

Chapter 214
Cemeteries
Section 214.363

August 28, 2007


Bankruptcy, assignment for benefit of creditors, endowed care fund exempt.

214.363. In the event of a cemetery's bankruptcy, insolvency, or assignment for the benefit of creditors, the endowed care funds shall not be available to any creditor as assets of the cemetery's owner or to pay any expenses of any bankruptcy or similar proceeding, but shall be retained intact to provide for the future maintenance of the cemetery.

(A.L. 1994 S.B. 496 § 214.360 subsec. 2)


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