South Carolina Code of Regulations
Chapter 21 - SOUTH CAROLINA CEMETERY BOARD
Subarticle 4 - PRIVATE AND COMMUNITY MAUSOLEUMS AND BELOW GROUND CRYPTS FUNDS
Section 21-22 - Withdrawals from Pre-Construction Fund
Universal Citation: SC Code Regs 21-22
Current through Register Vol. 48, No. 3, March 22, 2024
The seller shall be entitled to withdraw all funds from the pre-construction fund after the Cemetery Board is satisfied that construction has been completed; provided, however, during construction of the mausoleum or bank of belowground crypts, the Cemetery Board shall authorize a specific percentage of the funds to be withdrawn when the cemetery company certifies that at least an equivalent percentage of construction has been completed.
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