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November 27, 2024 Clear | 37°F
The 193rd General Court of the Commonwealth of Massachusetts

Section 5C: Cemetery corporations; fiduciary duty owed to contributors to trust fund

Section 5C. The corporation and its officers shall owe a fiduciary duty to a contributor to the trust fund, his heirs and legal representatives to hold and expend the funds strictly consistent with the purposes of section 5. A contributor to the trust fund, his heirs and legal representatives who were required to invest in the trust fund as a condition of purchasing a right of burial shall have all rights and protections of chapter 110A.