2006 Minnesota Statutes

306.51 INTEREST ON COUNTY FUND, APPORTIONMENT.
On or before March 1 of each year, the county auditor shall apportion the interest from the
county cemetery fund that has been collected by the county treasurer during the year to each
cemetery with a permanent fund in the proportion that the amount of the cemetery's permanent
fund in the county treasury bears to the county cemetery fund. If the legal existence of a religious
incorporation or an association formed under law to maintain a cemetery has ended, the interest
due from the fund to the defunct cemetery association or incorporation must be paid to the
treasurer of the city or town in which the cemetery is located, to be spent by the municipality for
the care, maintenance, or improvement of the cemetery. Funds deposited according to section
306.44 just before the close of the year, on which no interest has been collected, must not be
considered as a part of the permanent fund for that apportionment.
History: (7594-12) 1921 c 247 s 12; 1953 c 205 s 1; 1973 c 123 art 5 s 7; 1988 c 469 art 5 s 1