15-1016a. Same; use of funds from sale of lots in certain districts.

15-1016a

Chapter 15.--CITIES OF THE THIRD CLASS PART I.--GOVERNMENT BY MAYOR AND COUNCIL AND GENERAL LAWS APPLICABLE TO CITIES OF THE THIRD CLASS Article 10.--CEMETERIES

      15-1016a.   Same; use of funds from sale of lots in certain districts. The board of directors of any cemetery district located in a county having a population of more than four thousand (4,000) and not more than five thousand (5,000) and an assessed tangible valuation of not more than eighteen million dollars ($18,000,000) may set aside all or any portion of the proceeds arising from the sale of lots in any cemetery of such district in a fund which shall be used only for the purpose of procuring additional lands to be used for cemetery purposes.

      History:   L. 1969, ch. 111, § 3; July 1.