Wyoming Administrative Code
Agency 044 - Insurance Dept
Sub-Agency 0002 - General Agency, Board or Commission Rules
Chapter 28 - REGULATION GOVERNING PERPETUAL CARE TRUST FUNDS FOR PRIVATELY OWNED CEMETERIES
Section 28-5 - Investment of Perpetual Care Trust Fund
Universal Citation: WY Code of Rules 28-5
Current through September 21, 2024
The seller shall limit his deposits to obligations of the United States or of any states thereof; obligations and stock of federal government agencies; demand deposits, savings accounts, certificates of deposit, or shares of savings and loan associations, provided that the seller may invest, notwithstanding the limitations of this section, funds in an amount not to exceed in the aggregate the amount of the seller's bond posted in accordance with Section 4, in such types of investments that prudent investors would acquire or retain for their own account The seller shall be strictly accountable for the corpus of the funds to the buyer and the Commissioner.
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