Texas § 713.004 USE OF FUNDS.

Texas Statutes

§ 713.004 — USE OF FUNDS.

Texas § 713.004

Code HSHealth and Safety Code

This text of Texas § 713.004 (USE OF FUNDS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Health and Safety Code Code Ann. § 713.004 (2026).

Text

Sec. 713.004. USE OF FUNDS.

(a)A municipality may invest and reinvest deposits under this subchapter in interest-bearing bonds or governmental securities.

(b)The principal of the funds must be kept intact as a principal trust fund, and the fund's trustee may not use those funds.

(c)The income or revenue of the fund must be used for the maintenance and care in a first-class condition of the grave, lot, or burial place for which the funds are donated. Income or revenue that is more than the amount necessary to faithfully accomplish the trust may be used, in the discretion of the trustee, to beautify the entire cemetery or burial grounds generally.

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

Sec. 713.004. USE OF FUNDS. (a) A municipality may invest and reinvest deposits under this subchapter in interest-bearing bonds or governmental securities.
(b) The principal of the funds must be kept intact as a principal trust fund, and the fund's trustee may not use those funds.
(c) The income or revenue of the fund must be used for the maintenance and care in a first-class condition of the grave, lot, or burial place for which the funds are donated. Income or revenue that is more than the amount necessary to faithfully accomplish the trust may be used, in the discretion of the trustee, to beautify the entire cemetery or burial grounds generally.