If:

1. (1) any gift, grant, bequest, donation, or other property held by the owner of a cemetery for cemetery purposes is held by the cemetery owner as a trust of any kind; or

2. (2) the owner of a cemetery is a beneficiary of any trust estate for cemetery purposes;

   the trustee of the trust is relieved of the duties otherwise imposed upon the trustee by IC 30-4-5-12 through IC 30-4-5-15 .

As added by P.L.52-1997, SEC.24.