Section 5.03. Definitions.

Latest version.

As used in this chapter:

(1) "Alternative investment" means the use of care funds received from the sale of cemetery lots by a cemetery authority to purchase investment instruments, rather than depositing the care funds in a financial institution under s. 157.19 , Stats., or with the treasurer of the county or city in which the cemetery is located.

(2) "Care funds" has the meaning given in s. 157.061 (1m) , Stats.

(3) "Board" means the cemetery board.

CR 12-021 : cr. Register August 2012 No. 680 , eff. 9-1-12.

                    
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