Section 301 - Initial deposits by newly-organized cemetery companies(a) General rule.--No cemetery company shall establish a cemetery, or dispose or make sale of any lot therein, without first causing to be deposited with a qualified trustee a sum of not less than $25,000 as a permanent lot care fund. (b)Exceptions.--The provisions of subsection (a) of this section shall not apply to any of the following:(1) A bona fide church or religious congregation.(2) An association created by a bona fide church or religious congregation.Amended by P.L. (number not assigned at time of publication) 2024 No. 34,§ 1, eff. 8/27/2024.1972, Nov. 15, P.L. 1063, No. 271, § 301, effective in 90 days.