Connecticut Statutes

§ 19a-301 — (Formerly Sec. 19-152). Establishment and management of perpetual funds. Accounting.

Connecticut·Title 19a Public Health and Well-Being·Ch. 368j Cemeteries
(a)Any cemetery association, organized as provided by law, may, by vote of the directors or members of such association, set aside the surplus funds of such association as a perpetual fund. Such fund shall be invested in accordance with the provisions of the statutes concerning the investment of trust funds. Such fund, together with any donation received by an ecclesiastical society or cemetery association pursuant to section 19a-303, shall be under the control, management and supervision of a committee of not fewer than three persons elected by such association or society. Such ecclesiastical society or cemetery association shall meet at least once annually. The treasurer of such society or association shall be, ex officio, the treasurer of such committee, and shall give bond, with suret

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Connecticut § 19a-301 ((Formerly Sec. 19-152). Establishment and management of perpetual funds. Accounting.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(1949 Rev., S. 4714; 1953, S. 2359d; P.A. 98-219, S. 12.) History: Sec. 19-152 transferred to Sec. 19a-301 in 1983; P.A. 98-219 added Subsecs. (b), (c) and (d) re petition of Probate Court to require accounting of perpetual fund by Treasurer.

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