§ 23-14-65-8 — Gifts, donations, bequests, or devises

Indiana § 23-14-65-8

• Jurisdiction: Indiana
• Title 23: BUSINESS AND OTHER ASSOCIATIONS
• Art. 14: CEMETERY ASSOCIATIONS
• Ch. 65: City and Town Cemeteries

Text

(a) The legislative body of a municipality may
by ordinance or resolution accept gifts, donations, bequests, or devises
of money or real or personal property for the use of the:
(1) cemetery; or
(2) permanent maintenance fund of the cemetery.
(b) Except as provided in subsection (c), a municipality shall use:
(1) gifts, donations, bequests, or devises accepted under
subsection (a); and
(2) income or interest derived from the gifts, donations, bequests,
or devises;
in the same manner as the municipality uses proceeds from the sale of
lots.
(c) If a gift, donation, bequest, or devise of money or real or
personal property is given or made for the use of a particular lot or plot
of ground, the income from the gift, donation, bequest, or devise may
be used only for the upkeep and maintenance of that particular lot or
plot of ground.

Legislative History

As added by P.L.52-1997, SEC.39.