1,133 chapters · 28,363 sections in this title.
Minn. Stat. § 306.77 APPOINTMENT OF TRUST COMPANY.
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306.77 APPOINTMENT OF TRUST COMPANY. The board of trustees of an association mentioned in section 306.76 shall, by a resolution adopted by a vote of at least two-thirds of its members, appoint one or more trust companies organized under state law, or a board consisting of at leas…
Minn. Stat. § 306.773 INVESTMENT OF FUND OF CEMETERY ASSOCIATIONS.
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306.773 INVESTMENT OF FUND OF CEMETERY ASSOCIATIONS. § Subdivision 1.Authorization. Every cemetery association organized under state law that provides for a permanent care and improvement fund administered by one or more trust companies acting as trustees of the fund under sectio…
Minn. Stat. § 306.78 PERCENTAGE OF SALE OF LOTS AND MAUSOLEUMS PAID INTO FUND; OTHER ADDITIONS TO FUND.
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306.78 PERCENTAGE OF SALE OF LOTS AND MAUSOLEUMS PAID INTO FUND; OTHER ADDITIONS TO FUND. Each cemetery association creating a permanent care and improvement fund under section 306.77 shall take for its cemetery fund at least 20 percent of the proceeds of all sales of cemetery lo…
Minn. Stat. § 306.79 PRINCIPAL INVIOLATE; INVESTED IN CERTAIN SECURITIES.
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306.79 PRINCIPAL INVIOLATE; INVESTED IN CERTAIN SECURITIES. The principal of a permanent care and improvement fund created under section 306.76 must forever remain intact and invested by the trustees only in the same class of securities in which savings banks are authorized by th…