S.C. Code Ann. § 39-55-175

Investment of trust fund; allocation of expenses to income; payment of deficiencies by cemetery company

Published Jan 1, 2001

The care and maintenance trust fund must be invested and reinvested by the trustee in the same manner as provided by law for the investment of other trust funds. The fees and other expenses of the trust fund must be paid by the trustee from the net income of the trust fund and may not be paid from the corpus. To the extent that the net income is not sufficient to pay the fees and other expenses, they must be paid by the cemetery company.

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