Oklahoma § 8-16 Trustees' or directors' powers and duties - Accounts -

Oklahoma Statutes

§ 8-16 — Trustees' or directors' powers and duties - Accounts -

Oklahoma·Title 8 Cemeteries

Regulations - Payment of debts - Application of lot sale proceeds. Duties of trustees or directors. The trustees or directors shall have the direction and control of the cemetery and other property of the corporation and shall have such other powers and duties not inconsistent with the provisions of this article as the trustees or directors of other corporations not for profit under the law of the State of Oklahoma. They shall require a strict accounting to be kept of all monies received and expended on behalf of said corporation, look after and manage the affairs and fiscal concerns thereof, and see that all proper regulations are made for the proper conduct, maintenance and improvement of said cemetery, and shall also see that the debts and obligations of said corporation are paid as fas

Free access — add to your briefcase to read the full text and ask questions with AI

Regulations - Payment of debts - Application of lot sale proceeds. Duties of trustees or directors. The trustees or directors shall have the direction and control of the cemetery and other property of the corporation and shall have such other powers and duties not inconsistent with the provisions of this article as the trustees or directors of other corporations not for profit under the law of the State of Oklahoma. They shall require a strict accounting to be kept of all monies received and expended on behalf of said corporation, look after and manage the affairs and fiscal concerns thereof, and see that all proper regulations are made for the proper conduct, maintenance and improvement of said cemetery, and shall also see that the debts and obligations of said corporation are paid as fast as the fifty percent of the gross proceeds of sales of lots, as provided by law, will permit, and shall also see that the other fifty percent of such proceeds are strictly applied to the maintenance, preservation, care and improvement of said cemetery, including the payment of the salary of the superintendent, and such other help as he may require.

Oklahoma § 8-16 (Trustees' or directors' powers and duties - Accounts -) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.