35-20-311: Principal of fund to be reserved -- income to be turned over to treasurer.
Where this section sits in the code
- TITLE 35. CORPORATIONS, PARTNERSHIPS, AND ASSOCIATIONS
- CHAPTER 20. CEMETERY ASSOCIATIONS
- Part 3. Permanent Care and Improvement Fund Trustees of Fund
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.
Collected 2026-09-14T04:53:36Z. Source file · JSON