Irreducible Fund Cemeteries
Oregon Revised Statutes 65.860
An irreducible fund cemetery is a nonprofit cemetery that exists solely to own or operate a cemetery or creamatory or to bury and car for human remains. Such a cemetery uses the funds it receives from the sale of lots or burial space, cremations , donations, gifts, or other revenue for its operations. These funds, and interest earned, must be exclusively devoted to the preservation and beautification of the grounds, buildings and property of the cemetery or for payment of debt for land purchase, building construction, or other improvements.
There were 31 irreducible fund cemeteries as of June 30, 2010.
Forms
Irreducible fund cemetery annual
report 440-2929
last updated: 03/09/2006 |
PDF |
Statutes
