Maine § 13 §1223 Investment of funds

Maine Statutes

§ 13 §1223 — Investment of funds

Maine § 13 §1223

Title 13CORPORATIONS

Part 2CORPORATIONS WITHOUT CAPITAL

Ch. 83CEMETERY CORPORATIONS

This text of Maine § 13 §1223 (Investment of funds) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 13, § 13 §1223 (2026).

Text

Cemetery trust funds of any cemetery corporation or association, trust company, church, religious or charitable society, or other trustee, shall be invested in the manner provided in Title 30‑A, chapter 223, subchapter III-A, and, unless the instrument or order creating the trusts prohibits, may be combined with other similar trust funds in the manner provided in Title 30‑A, section 5654, and the annual income only shall be expended in performance of the requirements of the trust.

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Cemetery trust funds of any cemetery corporation or association, trust company, church, religious or charitable society, or other trustee, shall be invested in the manner provided in Title 30‑A, chapter 223, subchapter III-A, and, unless the instrument or order creating the trusts prohibits, may be combined with other similar trust funds in the manner provided in Title 30‑A, section 5654, and the annual income only shall be expended in performance of the requirements of the trust.