HOUSE BILL No. 5831 May 23, 2000, Introduced by Reps. Mortimer, Vear, Julian, Ehardt and Garcia and referred to the Committee on Local Government and Urban Policy. A bill to amend 1909 PA 95, entitled "An act to authorize township boards of trustees to receive and hold property, real or personal, left to the board in trust for the upkeep of a cemetery or lots in a cemetery, and permitting the board to expend the funds in accordance with the trust," by amending section 2 (MCL 128.72). THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 2. (1) AllmoneysMONEY and property which may be 2 received bysaidTHE TOWNSHIP board by way of gift, grant, 3 devise, or bequest, for cemetery purposes, shall be under the 4 control ofsaidTHAT board,and shall be held in trust by 5saidTHAT board, subject to the terms and conditionsonUPON 6 which thesame wereMONEY WAS given, granted, devised, or 7 bequeathed,andthe sameshall constitute a trust fund. 8 (2) If left in money, it shall, unless otherwise expressed 9 by those makingsuchTHE gift, grant, or bequest, be invested 05314'99 c LBO 2 1 as a permanent fund ingood, safe, interest bearing securities,2the interest therefromTHE MANNER THE BOARD UTILIZES FOR OTHER 3 TOWNSHIP FUNDS to be used as designated insaidTHE trust,4 under the supervision or direction of thesaidboard.; and no5part of suchTHE income shall NOT be used or appropriated for 6 other than the purposes expressed insaidTHE trust, except the 7 paying of the clerk ofsaidTHE board OR OTHER APPROPRIATE 8 PERSON forhisTHE services in carrying out the provisions of 9saidTHE trust, whichIN AN amountshall bedetermined by 10 the board. 11 Enacting section 1. This amendatory act does not take 12 effect unless all of the following bills of the 90th Legislature 13 are enacted into law: 14 (a) Senate Bill No. _____ or House Bill No. 5828 (request 15 no. 05314'99). 16 (b) Senate Bill No. _____ or House Bill No. 5829 (request 17 no. 05314'99 a). 18 (c) Senate Bill No. _____ or House Bill No. 5830 (request 19 no. 05314'99 b). 05314'99 c Final page. LBO