The members of any such commission shall invest or handle such funds in the manner provided by law for investments or handling of funds by executors, administrators, guardians and trustees, and the income shall be collected annually and expended in such manner as, in the judgment of the commission, will meet the purpose for which such fund was delivered.
HISTORY: 1962 Code Section 47-1436; 1952 Code Section 47-1436; 1942 Code Section 7536; 1935 (39) 97.
Structure South Carolina Code of Laws
Title 5 - Municipal Corporations
Chapter 39 - Cemeteries And Cemetery Commissions
Section 5-39-110. Appointment and term.
Section 5-39-120. Removal; vacancies.
Section 5-39-130. Duties and powers.
Section 5-39-210. Appointment and term.
Section 5-39-220. Bond and compensation.
Section 5-39-240. Receipt of gifts, devises, bequests and the like for care of graves.
Section 5-39-250. Transfer of funds to commission.
Section 5-39-260. Investments.
Section 5-39-270. Disbursements and reports.
Section 5-39-280. Liability of cities.
Section 5-39-410. Acceptance of trust for maintenance of burial lots, graves, tombs and the like.
Section 5-39-420. Transfer of funds to city.
Section 5-39-430. Ordinance shall provide terms of acceptance.