365.35 FUND PRINCIPAL; INTEREST. The principal of a town's cemetery fund must be used as directed by the town board. Interest earned by the fund that is not needed to care for or beautify the cemetery or its lots in any year must be added to the principal by the cemetery's directors. History: (1022) 1911 c 224 s 9; 1917 c 161 s 8; 1987 c 229 art 8 s 1; 2008 c 187 s 5
Minnesota Legal Code