1. (a) Subject to this chapter, if a burial space in a cemetery that is subject to IC 23-14-41 or any other Indiana law:

   1. (1) has remained unused for a period of at least fifty (50) years from the date of sale or last recorded designation or transfer; and

   2. (2) has no improvements on the burial space, including the placement of a monument, memorial, or other permanent appurtenance;

      the person or entity having jurisdiction over the cemetery may terminate the rights and interests of the owner of the burial space.

2. (b) After July 1, 2007, a contract for the purchase of a burial space must include notice that the contract is subject to termination as provided in subsection (a).

As added by P.L.113-2007, SEC.7.