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.
Structure Montana Code Annotated
Title 35. Corporations, Partnerships, and Associations
Chapter 20. Cemetery Associations
Part 3. Permanent Care and Improvement Fund Trustees of Fund
35-20-302. Trustees of fund -- appointment by district court -- qualifications -- powers
35-20-303. Trustees of fund -- term
35-20-304. Trustees of fund -- bond required -- renewal of bond -- deposit with county treasurer
35-20-305. Vacancies -- how filled
35-20-306. All powers vest in survivors until vacancy filled -- succession to powers
35-20-308. Recording appointments of trustees
35-20-310. Transfer of moneys received by association to trustees of fund
35-20-311. Principal of fund to be reserved -- income to be turned over to treasurer
35-20-312. Use of income of fund
35-20-314. Compensation of trustees of fund
35-20-315. Annual report of trustees of fund
35-20-316. Permanent care and improvement fund -- management of fund