35-20-313. Investment of fund. The principal of the fund may be invested in the way in which public employees' retirement funds are permitted to be invested in the state of Montana as prescribed by 17-6-211. Each investment made by the trustee or by the board of trustees is subject to the approval of the board of trustees of the cemetery association.
History: En. Sec. 31, Ch. 18, L. 1905; re-en. Sec. 4267, Rev. C. 1907; re-en. Sec. 6499, R.C.M. 1921; re-en. Sec. 6499, R.C.M. 1935; amd. Sec. 8, Ch. 98, L. 1939; amd. Sec. 4, Ch. 98, L. 1974; R.C.M. 1947, 9-131; amd. Sec. 2, Ch. 168, L. 2015.
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