In making such examination the board:

     (1) Shall have free access to the books and records relating to the endowment care funds and prearrangement trust funds;

     (2) Shall inspect and examine the endowment care funds and prearrangement trust funds to determine their condition and the status of the investments; and

     (3) Shall verify that the cemetery authority has complied with all the laws applicable to endowment care funds and prearrangement trust funds.

[2005 c 365 § 55; 1979 c 21 § 8; 1973 1st ex.s. c 68 § 14; 1953 c 290 § 44.]