§463. Powers, duties, and records concerning examination of funds

            In making such examination, the board shall:

            (1) Have reasonable access to the books and records relating to the endowment or perpetual care funds, their collection and investment, and the number of interment spaces under endowment or perpetual care. Such books and records shall be made available for examination in the principal office of the cemetery authority or trustee located within the state of Louisiana. Any request for access to books and records which the trustee or cemetery authority objects to as being unreasonable, irrelevant, arbitrary, or capricious shall be produced only after the objections are ruled upon by the board after notice and hearing.

            (2) Inspect and examine the endowment or perpetual care funds to determine their condition and the existence of the investments.

            (3) Ascertain if the cemetery authority has complied with all laws applicable to endowment or perpetual care funds.

            Acts 1974, No. 417, §1; Acts 1997, No. 921, §1; Acts 2023, No. 381, §1.