SDCL § 55-12-5: Previously existing cemetery becoming a perpetual care cemetery--Creation and maintenance of perpetual care fund.

Any such organization subject to the provisions of this chapter which was organized and engaged in business prior to February 28, 1955, shall be a perpetual care cemetery if it shall at all times comply with the requirements of a perpetual care cemetery as set forth in § 55-12-4. Trust funds set aside under § 47-29-22 shall be administered under this chapter.