Guam § 55103 - Endowment Care Cemetery Defined; Deposits required.

§ 55103. Endowment Care Cemetery Defined; Deposits required.

An endowment care cemetery is one which has deposited in its

endowment care fund the minimum amounts required by law and shall

hereafter have deposited in its endowment care fund at the time of or not

later than completion of the initial sale not less than the following amounts

for plots sold or disposed of:

COL120106

(a) One and 85/100 dollars ($1.85) per square foot of adult ground

burial space; one and 25/100 dollars ($1.25) per square foot of infant

ground burial space; and one and 50/100 dollars ($1.50) per square

foot of any other ground burial space between adult and infant space;

(b) Ten dollars ($10.00) for each niche;

(c) Forty dollars ($40.00) for each crypt; provided, however, that

for companion crypts, there shall be deposited forty dollars ($40.00)

for the first crypt and twenty dollars ($20.00) for each additional crypt.