<?xml version='1.0' encoding='utf-8'?>
<section article="gbr" article_name="Business Regulation" number="5-605" title_number="5" title_name="Cemeteries" subtitle_number="6" subtitle_name="Perpetual Care">
  <level label="a">
    <text>The terms of a trust to provide for perpetual care shall be designated in a written agreement between the registered cemeterian, permit holder, or any other person subject to the trust requirements of this subtitle and trustee.</text>
  </level>
  <level label="b">
    <text>The terms of the trust agreement:</text>
    <level label="1">
      <text>shall conform to this subtitle; and</text>
    </level>
    <level label="2">
      <text>may include provisions about:</text>
      <level label="i">
        <text>payment of income;</text>
      </level>
      <level label="ii">
        <text>accumulation of income;</text>
      </level>
      <level label="iii">
        <text>reinvestment of income;</text>
      </level>
      <level label="iv">
        <text>administration of the trust fund; and</text>
      </level>
      <level label="v">
        <text>powers of the trustee as to investments.</text>
      </level>
    </level>
  </level>
  <level label="c">
    <level label="1">
      <text>A trust agreement shall be irrevocable.</text>
    </level>
    <level label="2">
      <text>However, a trust agreement may:</text>
      <level label="i">
        <text>give the registered cemeterian, permit holder, or other person subject to the trust requirements of this subtitle the right to remove the trustee and appoint another qualified trustee; and</text>
      </level>
      <level label="ii">
        <text>provide for the appointment of individuals as cotrustees and successor cotrustees with a corporate trustee.</text>
      </level>
    </level>
  </level>
</section>
