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365.29 Part of lot price goes to cemetery fund.

A town's board may require that part of the price paid for a lot in its cemetery goes into a permanent fund. The money in the fund must be deposited under section 365.32. Interest from the fund must be paid annually to the cemetery's directors. The directors shall spend the money to care for and beautify the lot. The amount spent on a lot must be in the same proportion that the part of the price put in the fund from the sale of that lot is of the total fund.

HIST: (1014) 1911 c 224 s 1; 1917 c 161 s 1; 1987 c 229 art 8 s 1

Official Publication of the State of Minnesota
Revisor of Statutes