(A) From and after 5-13-1986, the lots sold by this municipality shall not be further sold, transferred, conveyed or assigned to any person except the municipality. The municipality hereby agrees to buy back any municipal cemetery grave lot which it may hereafter sell. The repurchase of such lots shall be for the original price paid by the purchaser, or the current selling price of the lot, whichever is less.
(B) Whenever a certificate to burial rights or logs reverts to the municipality, as provided for in this subchapter, or becomes vested in the municipality for any reason, before new certificates are issued, the original certificate shall be cancelled or an assignment given, and the record shall be so changed.
(C) The certificates shall be issued and signed by the Mayor and shall be attested by the Town Clerk. All lots or parts of lots, as provided in this section, together with all improvements, shall be exempt from execution and from taxation and assessment for care and maintenance charges from and after said payment.