Kansas Statutes
§ 17-1319 — City or association; permanent maintenance fund; use and investment
Any city owning a cemetery and any cemetery association incorporated under the laws of this state may receive, acquire and hold donations or bequests in a permanent fund to be invested as the donor may direct or if the donor has not specified, such fund shall be invested in investments authorized by K.S.A. 12-1675, and amendments thereto, in the manner prescribed therein or in bonds of the United States or of the state of Kansas, or any municipality thereof. The interest on such investments shall be used by such city or association in defraying the expense incurred in keeping the lots and grounds of such cemetery in proper and suitable condition. Such permanent fund shall never be used for any other purpose than as above stated.
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Related
§ 12-1675
Kansas § 12-1675
Legislative History
L. 1911, ch. 77, § 1; R.S. 1923, 17-1319; L. 1933, ch. 151, § 1; L. 1945, ch. 154, § 1; L. 1973, ch. 88, § 1; L. 1977, ch. 54, § 21; July 1.
Nearby Sections
15
§ 17-10a01
Building and loan associations and life insurance companies; authority as members and borrowers§ 17-10a02
Powers of members or borrowers§ 17-10a07
Same; ratification of prior actions§ 17-1287
Control share acquisition, defined§ 17-1288
Interested shares, defined§ 17-1289
Issuing public corporation, defined§ 17-1290
Application of act§ 17-1291
Acquiring person statement, contents