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) All moneys MONEY and property which may be 2 received by said THE TOWNSHIP board by way of gift, grant, 3 devise, or bequest, for cemetery purposes, shall be under the 4 control of said THAT board , and shall be held in trust by 5 said THAT board, subject to the terms and conditions on UPON 6 which the same were MONEY WAS given, granted, devised, or 7 bequeathed , and the same shall constitute a trust fund. 8 (2) If left in money, it shall, unless otherwise expressed 9 by those making such THE gift, grant, or bequest, be invested 05314'99 c LBO 2 1 as a permanent fund in good, safe, interest bearing securities, 2 the interest therefrom THE MANNER THE BOARD UTILIZES FOR OTHER 3 TOWNSHIP FUNDS to be used as designated in said THE trust , 4 under the supervision or direction of the said board. ; and no 5 part of such THE income shall NOT be used or appropriated for 6 other than the purposes expressed in said THE trust, except the 7 paying of the clerk of said THE board OR OTHER APPROPRIATE 8 PERSON for his THE services in carrying out the provisions of 9 said THE trust , which IN AN amount shall be determined 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