35-20-311. Principal of fund to be reserved -- income to be turned over to treasurer, MCA
  1. MCA Contents
  2. TITLE 35
  3. CHAPTER 20
  4. Part 3
  5. 35-20-311 Principal of fund to be reserved -- income to be turned over to treasurer

Montana Code Annotated 2019

TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS

CHAPTER 20. CEMETERY ASSOCIATIONS

Part 3. Permanent Care and Improvement Fund Trustees of Fund

Principal Of Fund To Be Reserved -- Income To Be Turned Over To Treasurer

35-20-311. Principal of fund to be reserved -- income to be turned over to treasurer. The principal of such fund shall in all cases remain intact and inviolate. But the trustees of such fund shall on January 1 and July 1 in each year turn over to the treasurer of such association all accrued income arising from such fund, and the receipt of such treasurer therefor shall be a sufficient voucher in the hands of such trustees.

History: En. Sec. 29, Ch. 18, L. 1905; re-en. Sec. 4265, Rev. C. 1907; re-en. Sec. 6497, R.C.M. 1921; re-en. Sec. 6497, R.C.M. 1935; R.C.M. 1947, 9-129.