Sec. 6a.
The corporation shall not convey any part or portions of land owned by it if the land is part of the plan or design of the cemetery adopted and recorded as provided in section 6 unless at least $5,000.00 for each acre so conveyed is allocated to the irrevocable endowment fund established in section 7 of this act.
History: Add. 1964, Act 54, Eff. Aug. 28, 1964
Structure Michigan Compiled Laws
Chapter 456 - Cemetery Associations
Act 12 of 1869 - Rural Cemetery Corporations (456.101 - 456.119)
Section 456.101 - Cemetery Corporations; Incorporators, Name.
Section 456.102 - Articles; Signing, Acknowledgment, Contents.
Section 456.103 - Payment by Subscribers to Articles of Association.
Section 456.104 - Annual Meeting; Election of Board of Directors; Right to Vote; Special Meetings.
Section 456.105 - Board of Directors; Selection of Officers.
Section 456.106 - Board of Directors; Powers.
Section 456.106a - Conveyance of Land.
Section 456.107, 456.107a - Repealed. 2008, Act 478, Imd. Eff. Jan. 12, 2009.
Section 456.108 - Tax Exemption.
Section 456.111 - Saloons and Amusements Prohibited.
Section 456.112 - Burial Rights; Transfer, Rights of Surviving Spouse and Next of Kin.
Section 456.113 - Repealed. 1977, Act 67, Imd. Eff. July 20, 1977.
Section 456.114 - Use of Firearms in Cemetery; Entering Over Fence; Penalty.
Section 456.114a - Witness Fee; Prohibition.
Section 456.115 - Perpetual Care Fund; Receipts; Investment; Bond; Account.
Section 456.116 - Non-Profit Corporation.
Section 456.117 - Charter Not Deemed Forfeited; Filing Articles; Affidavit, Report.