17-1319. City or association; permanent maintenance fund; use and investment.
17-1319
17-1319. City or association; permanent maintenance fund; use andinvestment.Any city owning a cemetery and any cemetery association incorporated underthe laws of this state may receive, acquire and hold donations or bequestsin a permanent fund to be invested as the donor may direct or if the donorhas not specified, such fund shall be invested in investments authorizedby K.S.A. 12-1675, and amendments thereto, in the manner prescribedtherein or in bonds of the United States or of the state of Kansas, or anymunicipality thereof. The interest on such investments shall be used bysuch city or association in defraying the expense incurred in keeping thelots and grounds of such cemetery in proper and suitable condition. Suchpermanent fund shall never be used for any other purpose than as above stated.
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.