A cemetery board may:

1. (1) make all necessary rules and regulations for the management of the cemetery or cemeteries over which it has control and management;
2. (2) sell lots or parts of lots at prices that the board considers reasonable; and

3. (3) require payment for sales:

   1. (A) in cash; or
   2. (B) partly in cash and the balance in deferred payments spread over a time the board considers reasonable.

As added by P.L.52-1997, SEC.39.