35-20-314. Compensation of trustees of fund. The trustee or the members of the board of trustees of such permanent care and improvement fund shall receive such compensation as may be agreed upon between such trustee or between such board of trustees of such permanent care and improvement fund on the one hand and the board of trustees of the cemetery association on the other. The fees of such trustee or of the members of the board of trustees shall be paid out of the general fund of the cemetery association until such trust fund shall reach $10,000 and thereafter the same shall be paid out of the income of such fund.
History: En. Sec. 32, Ch. 18, L. 1905; re-en. Sec. 4268, Rev. C. 1907; re-en. Sec. 6500, R.C.M. 1921; re-en. Sec. 6500, R.C.M. 1935; amd. Sec. 9, Ch. 98, L. 1939; amd. Sec. 5, Ch. 98, L. 1974; R.C.M. 1947, 9-132.
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